Delaware Core Bond Instl
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
4.1%
3 Yr Avg Return
2.1%
5 Yr Avg Return
4.3%
Net Assets
$15.2 M
Holdings in Top 10
36.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.51%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 401.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
$0
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DCBIX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 2.1%
- 5 Yr Annualized Total Return 4.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.70%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDelaware Core Bond Fund
-
Fund Family NameDelaware Investments
-
Inception DateSep 30, 2009
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerThomas H. Chow
Fund Description
DCBIX - Performance
Return Ranking - Trailing
Period | DCBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -3.8% | 13.1% | N/A |
1 Yr | 4.1% | -9.8% | 7.5% | N/A |
3 Yr | 2.1%* | -4.2% | 4.7% | N/A |
5 Yr | 4.3%* | -8.5% | 23.6% | N/A |
10 Yr | 4.6%* | -7.3% | 26.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | DCBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -22.2% | 3.1% | N/A |
2022 | N/A | -5.1% | 25.1% | N/A |
2021 | N/A | -8.5% | 192.8% | N/A |
2020 | N/A | -33.0% | 3.0% | N/A |
2019 | N/A | -29.8% | 32.1% | N/A |
Total Return Ranking - Trailing
Period | DCBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -3.8% | 13.1% | N/A |
1 Yr | 4.1% | -9.8% | 10.2% | N/A |
3 Yr | 2.1%* | -4.2% | 6.9% | N/A |
5 Yr | 4.3%* | -8.2% | 28.6% | N/A |
10 Yr | 4.6%* | -7.3% | 26.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DCBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -22.2% | 7.9% | N/A |
2022 | N/A | -4.6% | 25.1% | N/A |
2021 | N/A | -4.1% | 204.3% | N/A |
2020 | N/A | -32.4% | 4.2% | N/A |
2019 | N/A | -29.8% | 32.1% | N/A |
DCBIX - Holdings
Concentration Analysis
DCBIX | Category Low | Category High | DCBIX % Rank | |
---|---|---|---|---|
Net Assets | 15.2 M | 330 K | 229 B | N/A |
Number of Holdings | 383 | 3 | 17358 | N/A |
Net Assets in Top 10 | 5.51 M | -28.8 B | 32.2 B | N/A |
Weighting of Top 10 | 36.20% | 4.0% | 1674.7% | N/A |
Top 10 Holdings
- US Treasury Note 2.375% 10.21%
- US Treasury Note 1.625% 5.29%
- US Treasury Note 4.17%
- Fed Natl Mort Assc 4% 3.50%
- Fed Natl Mort Assc 3% 3.06%
- Fed Natl Mort Assc 4.5% 2.84%
- General Elec Cap Corp Mtn Be 3.45% 2.25%
- Golden Cr Card Tr FRN 1.81%
- FNMA CMO 5.5% 1.75%
- Cap One Cc Tr 2007-1a FRN 1.31%
Asset Allocation
Weighting | Return Low | Return High | DCBIX % Rank | |
---|---|---|---|---|
Bonds | 96.95% | 0.00% | 394.27% | N/A |
Other | 1.71% | -98.58% | 236.55% | N/A |
Cash | 0.96% | -539.21% | 70.47% | N/A |
Preferred Stocks | 0.34% | 0.00% | 20.33% | N/A |
Stocks | 0.04% | -3.42% | 96.77% | N/A |
Convertible Bonds | 0.00% | 0.00% | 18.42% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | DCBIX % Rank | |
---|---|---|---|---|
Utilities | 0.04% | -0.05% | 8.49% | N/A |
Technology | 0.00% | -0.35% | 12.99% | N/A |
Real Estate | 0.00% | -0.04% | 11.09% | N/A |
Industrials | 0.00% | -0.15% | 12.95% | N/A |
Healthcare | 0.00% | -0.20% | 10.55% | N/A |
Financial Services | 0.00% | -0.01% | 19.01% | N/A |
Energy | 0.00% | 0.00% | 11.26% | N/A |
Communication Services | 0.00% | -0.05% | 4.01% | N/A |
Consumer Defense | 0.00% | -0.18% | 10.56% | N/A |
Consumer Cyclical | 0.00% | -0.18% | 9.63% | N/A |
Basic Materials | 0.00% | 0.00% | 7.19% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DCBIX % Rank | |
---|---|---|---|---|
US | 0.04% | -4.95% | 59.49% | N/A |
Non US | 0.00% | -0.18% | 91.88% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | DCBIX % Rank | |
---|---|---|---|---|
Securitized | 38.99% | 0.00% | 103.00% | N/A |
Corporate | 36.54% | 0.00% | 127.23% | N/A |
Government | 21.75% | -74.72% | 316.66% | N/A |
Cash & Equivalents | 0.96% | -532.79% | 70.33% | N/A |
Derivative | 0.00% | -234.33% | 48.69% | N/A |
Municipal | 0.00% | 0.00% | 102.07% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DCBIX % Rank | |
---|---|---|---|---|
US | 91.41% | 0.00% | 219.16% | N/A |
Non US | 5.54% | -41.14% | 244.34% | N/A |
DCBIX - Expenses
Operational Fees
DCBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.51% | 0.00% | 38.42% | N/A |
Management Fee | 0.50% | 0.00% | 2.15% | N/A |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.63% | N/A |
Sales Fees
DCBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | N/A | 0.15% | 5.50% | N/A |
Trading Fees
DCBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
DCBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 401.00% | 0.00% | 2337.00% | N/A |
DCBIX - Distributions
Dividend Yield Analysis
DCBIX | Category Low | Category High | DCBIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.86% | N/A |
Dividend Distribution Analysis
DCBIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
DCBIX | Category Low | Category High | DCBIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.70% | -2.82% | 7.22% | N/A |
Capital Gain Distribution Analysis
DCBIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 23, 2014 | $0.042 | |
Sep 23, 2014 | $0.020 | |
Aug 25, 2014 | $0.020 | |
Jul 23, 2014 | $0.019 | |
Jun 16, 2014 | $0.021 | |
May 23, 2014 | $0.019 | |
Apr 23, 2014 | $0.020 | |
Mar 24, 2014 | $0.018 | |
Feb 24, 2014 | $0.019 | |
Jan 23, 2014 | $0.019 | |
Dec 23, 2013 | $0.019 | |
Nov 25, 2013 | $0.018 | |
Oct 23, 2013 | $0.016 | |
Sep 23, 2013 | $0.018 | |
Aug 23, 2013 | $0.018 | |
Jul 23, 2013 | $0.017 | |
Jun 24, 2013 | $0.018 | |
May 23, 2013 | $0.015 | |
Apr 23, 2013 | $0.014 | |
Mar 25, 2013 | $0.014 | |
Feb 25, 2013 | $0.014 | |
Jan 24, 2013 | $0.014 | |
Dec 23, 2012 | $0.016 | |
Nov 23, 2012 | $0.019 | |
Oct 23, 2012 | $0.019 | |
Sep 24, 2012 | $0.020 | |
Aug 23, 2012 | $0.021 | |
Jul 23, 2012 | $0.021 | |
Jun 25, 2012 | $0.020 | |
May 23, 2012 | $0.019 | |
Apr 23, 2012 | $0.018 | |
Mar 23, 2012 | $0.018 | |
Feb 23, 2012 | $0.020 | |
Jan 23, 2012 | $0.019 | |
Dec 23, 2011 | $0.019 | |
Nov 23, 2011 | $0.020 | |
Oct 24, 2011 | $0.019 | |
Sep 23, 2011 | $0.020 | |
Aug 25, 2011 | $0.022 | |
Jul 25, 2011 | $0.022 | |
Jun 23, 2011 | $0.024 | |
May 23, 2011 | $0.027 | |
Apr 25, 2011 | $0.026 | |
Mar 23, 2011 | $0.023 | |
Feb 23, 2011 | $0.025 | |
Jan 24, 2011 | $0.024 | |
Dec 23, 2010 | $0.021 | |
Nov 23, 2010 | $0.020 | |
Oct 25, 2010 | $0.021 | |
Sep 23, 2010 | $0.022 | |
Aug 23, 2010 | $0.023 | |
Jul 23, 2010 | $0.023 | |
Jun 23, 2010 | $0.025 | |
May 24, 2010 | $0.023 | |
Apr 23, 2010 | $0.023 | |
Mar 23, 2010 | $0.021 | |
Feb 23, 2010 | $0.021 | |
Jan 25, 2010 | $0.027 | |
Dec 23, 2009 | $0.031 | |
Nov 23, 2009 | $0.027 | |
Oct 23, 2009 | $0.040 |
DCBIX - Fund Manager Analysis
Managers
Thomas H. Chow
Start Date
Tenure
Tenure Rank
May 24, 2007
7.36
7.4%
Chow is a member of the taxable fixed income portfolio management team. His experience includes significant exposure to asset liability management strategies and credit risk opportunities. Prior to joining Delaware 2001, he was a trader of high grade and high yield securities, and was involved in the portfolio management of CBOs and insurance portfolios at SunAmerica from 1997 to 2001. Before that, he was an analyst, trader, and portfolio manager at Conseco Capital Management from 1989 to 1997.
Brian C. McDonnell
Start Date
Tenure
Tenure Rank
Nov 28, 2011
2.84
2.8%
"Brian McDonnell, CFA Vice President, Portfolio Manager, Senior Structured Products Analyst, Trader Brian McDonnell is a member of the firm's taxable fixed income portfolio management team with primary responsibility for portfolio construction and asset allocation of structured products strategies. Prior to joining Delaware Investments in March 2007 as a vice president and senior structured products analyst / trader, he was managing director for fixed income trading at Sovereign Securities, where he was responsible for starting a fixed income trading and securitization platform as a subsidiary of Sovereign Bank. He traded structured products as well as managing a desk that traded all taxable and non-taxable products, and he was responsible for hedging and risk management of the firm’s holdings. Earlier in his career, he spent 11 years in various fixed income capacities with Prudential Securities in New York, where he traded adjustable- and fixed-rate mortgages as well as structured mortgages and all their related derivatives. McDonnell has a bachelor’s degree in finance from Boston College, and he is a member of the CFA Society of Philadelphia "
Roger A. Early
Start Date
Tenure
Tenure Rank
May 24, 2007
7.36
7.4%
Roger A. Early, CPA, CFA, CFP Senior Vice President, Co-Chief Investment Officer – Total Return Fixed Income Strategy Roger A. Early rejoined Delaware Investments in March 2007 as a member of the firm’s taxable fixed income portfolio management team, with primary responsibility for portfolio construction and strategic asset allocation. During his previous time at the firm, from 1994 to 2001, he was a senior portfolio manager in the same area, and he left Delaware Investments as head of its U.S. investment grade fixed income group. In recent years, Early was a senior portfolio manager at Chartwell Investment Partners and Rittenhouse Financial and served as the chief investment officer for fixed income at Turner Investments. Prior to joining Delaware Investments in 1994, he worked for more than 10 years at Federated Investors where he managed more than $25 billion in mutual fund and institutional portfolios in the short-term and investment grade markets. He left the firm as head of institutional fixed income management. Earlier in his career, he held management positions with the Federal Reserve Bank, PNC Financial, Touche Ross, and Rockwell International. Early earned his bachelor’s degree in economics from The Wharton School of the University of Pennsylvania and an MBA with concentrations in finance and accounting from the University of Pittsburgh. He is a member of the CFA Society of Philadelphia.
Paul Grillo
Start Date
Tenure
Tenure Rank
Feb 01, 2001
13.67
13.7%
Paul Grillo, CFA Senior Vice President, Co-Chief Investment Officer – Total Return Fixed Income Strategy Paul Grillo is a member of the firm’s taxable fixed income portfolio management team with primary responsibility for portfolio construction and strategic asset allocation. He is also a member of the firm’s asset allocation committee, which is responsible for building and managing multi-asset class portfolios. He joined Delaware Investments in 1992 as a mortgage-backed and asset-backed securities analyst, assuming portfolio management responsibilities in the mid-1990s. Grillo serves as co-lead portfolio manager for the firm’s Diversified Income products and has been influential in the growth and distribution of the firm’s multisector strategies. Prior to joining Delaware Investments, Grillo served as a mortgage strategist and trader at Dreyfus Corporation. He also worked as a mortgage strategist and portfolio manager at Chemical Investment Group and as a financial analyst at Chemical Bank. Grillo holds a bachelor’s degree in business management from North Carolina State University and an MBA with a concentration in finance from Pace University.
Christopher M. Testa
Start Date
Tenure
Tenure Rank
Jun 19, 2014
0.28
0.3%
Christopher M. Testa, CFA, Senior Vice President, Senior Portfolio Manager, joined Delaware Investments in January 2014 as a senior portfolio manager in the firm’s corporate credit portfolio management group. Mr. Testa previously was with S Goldman Asset Management, where, as PM and Head of Credit, he managed a hedge fund and a large separate account. Prior to joining S Goldman in July 2009, Mr. Testa worked as a Managing Director for Drake Management from 2001 to 2009, and served as a Portfolio Manager and Head of US Credit for Drake’s three hedge funds and its separate account platform. From 1994 to 2001, Mr. Testa was Head of Credit Research and a High Yield Portfolio Manager at Goldman Sachs Asset Management. Previously, Mr. Testa worked as a Vice President of Credit Research at CS First Boston and Financial Analyst at Metropolitan Life Insurance Company. Mr. Testa has nearly 20 years of portfolio management experience and received a B.A. from Hamilton College (Economics) and an M.B.A. in Finance with a concentration in investments from the Wharton School of Business at the University of Pennsylvania. He is also a Chartered Financial Analyst.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 30.51 | 6.95 | 7.12 |