Delaware Dividend Income B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
16.8%
3 Yr Avg Return
14.4%
5 Yr Avg Return
12.9%
Net Assets
$758 M
Holdings in Top 10
14.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.87%
SALES FEES
Front Load N/A
Deferred Load 4.00%
TRADING FEES
Turnover 51.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DDDBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 13.7%
- 5 Yr Annualized Total Return 12.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.86%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDelaware Dividend Income Fund
-
Fund Family NameDelaware Investments
-
Inception DateOct 01, 2003
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerEdward A. Gray
Fund Description
DDDBX - Performance
Return Ranking - Trailing
Period | DDDBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -74.0% | 21.3% | N/A |
1 Yr | 16.8% | -78.3% | 16.3% | N/A |
3 Yr | 14.4%* | -38.0% | 11.4% | N/A |
5 Yr | 12.9%* | -23.3% | 7.9% | N/A |
10 Yr | 6.4%* | -5.9% | 11.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | DDDBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -51.6% | 0.0% | N/A |
2022 | N/A | -14.6% | 32.9% | N/A |
2021 | N/A | -13.3% | 31.0% | N/A |
2020 | N/A | -27.5% | 3.6% | N/A |
2019 | N/A | -34.1% | 14.2% | N/A |
Total Return Ranking - Trailing
Period | DDDBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -74.0% | 21.3% | N/A |
1 Yr | 12.8% | -75.3% | 17.2% | N/A |
3 Yr | 13.7%* | -32.4% | 12.9% | N/A |
5 Yr | 12.6%* | -18.6% | 21.2% | N/A |
10 Yr | 6.4%* | -5.9% | 17.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DDDBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -32.1% | 0.3% | N/A |
2022 | N/A | -14.6% | 37.7% | N/A |
2021 | N/A | -12.1% | 31.0% | N/A |
2020 | N/A | -21.8% | 106.5% | N/A |
2019 | N/A | -34.1% | 20.9% | N/A |
DDDBX - Holdings
Concentration Analysis
DDDBX | Category Low | Category High | DDDBX % Rank | |
---|---|---|---|---|
Net Assets | 758 M | 4.76 M | 42.8 B | N/A |
Number of Holdings | 472 | 8 | 1932 | N/A |
Net Assets in Top 10 | 78.7 M | 1.32 M | 14.7 B | N/A |
Weighting of Top 10 | 14.68% | 5.8% | 99.7% | N/A |
Top 10 Holdings
- E-mini S&P 500 Index Future Sept14 1.99%
- Intel Corp 1.47%
- Bank of New York Mellon Corp 1.45%
- Microsoft Corp 1.42%
- Archer-Daniels Midland Co 1.42%
- Xerox Corporation 1.41%
- Broadcom Corp 1.39%
- Baxter International Inc 1.38%
- Northrop Grumman Corp 1.37%
- BB&T Corp 1.37%
Asset Allocation
Weighting | Return Low | Return High | DDDBX % Rank | |
---|---|---|---|---|
Stocks | 57.65% | 0.00% | 101.34% | N/A |
Bonds | 17.21% | 0.00% | 99.69% | N/A |
Other | 11.74% | -1.85% | 3.77% | N/A |
Convertible Bonds | 8.06% | 0.00% | 13.05% | N/A |
Cash | 2.76% | -18.07% | 25.16% | N/A |
Preferred Stocks | 2.59% | 0.00% | 13.37% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | DDDBX % Rank | |
---|---|---|---|---|
Healthcare | 8.15% | 0.00% | 23.41% | N/A |
Technology | 7.84% | 0.00% | 29.93% | N/A |
Energy | 7.19% | 0.00% | 19.74% | N/A |
Financial Services | 6.84% | 0.00% | 28.88% | N/A |
Real Estate | 6.66% | 0.00% | 16.79% | N/A |
Consumer Defense | 5.91% | 0.00% | 27.68% | N/A |
Industrials | 4.64% | 0.00% | 28.39% | N/A |
Consumer Cyclical | 3.91% | 0.00% | 34.22% | N/A |
Communication Services | 3.48% | 0.00% | 22.02% | N/A |
Utilities | 1.62% | 0.00% | 40.81% | N/A |
Basic Materials | 1.41% | 0.00% | 17.96% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DDDBX % Rank | |
---|---|---|---|---|
US | 52.77% | 0.00% | 100.44% | N/A |
Non US | 4.88% | 0.00% | 101.08% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | DDDBX % Rank | |
---|---|---|---|---|
Corporate | 24.06% | 0.00% | 70.32% | N/A |
Cash & Equivalents | 2.76% | -18.03% | 31.98% | N/A |
Government | 1.71% | 0.00% | 99.69% | N/A |
Municipal | 1.37% | 0.00% | 7.36% | N/A |
Securitized | 0.22% | 0.00% | 25.36% | N/A |
Derivative | 0.00% | -0.14% | 5.18% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DDDBX % Rank | |
---|---|---|---|---|
US | 12.97% | 0.00% | 99.69% | N/A |
Non US | 4.24% | 0.00% | 24.51% | N/A |
DDDBX - Expenses
Operational Fees
DDDBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.87% | 0.08% | 5.53% | N/A |
Management Fee | 0.65% | 0.07% | 1.25% | N/A |
12b-1 Fee | 1.00% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
DDDBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | 4.00% | 1.00% | 5.00% | N/A |
Trading Fees
DDDBX 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.
DDDBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 51.00% | 1.63% | 307.00% | N/A |
DDDBX - Distributions
Dividend Yield Analysis
DDDBX | Category Low | Category High | DDDBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.31% | N/A |
Dividend Distribution Analysis
DDDBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
DDDBX | Category Low | Category High | DDDBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.86% | -0.63% | 5.00% | N/A |
Capital Gain Distribution Analysis
DDDBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 23, 2014 | $0.030 | |
Aug 25, 2014 | $0.027 | |
Jul 23, 2014 | $0.024 | |
Jun 23, 2014 | $0.030 | |
May 23, 2014 | $0.030 | |
Apr 23, 2014 | $0.023 | |
Mar 24, 2014 | $0.024 | |
Feb 24, 2014 | $0.022 | |
Jan 23, 2014 | $0.016 | |
Dec 23, 2013 | $0.014 | |
Nov 25, 2013 | $0.007 | |
Oct 23, 2013 | $0.009 | |
Sep 23, 2013 | $0.022 | |
Aug 23, 2013 | $0.017 | |
Jul 23, 2013 | $0.014 | |
Jun 24, 2013 | $0.024 | |
May 23, 2013 | $0.019 | |
Apr 23, 2013 | $0.014 | |
Mar 25, 2013 | $0.025 | |
Feb 25, 2013 | $0.010 | |
Jan 23, 2013 | $0.012 | |
Dec 24, 2012 | $0.036 | |
Nov 23, 2012 | $0.019 | |
Oct 23, 2012 | $0.021 | |
Sep 24, 2012 | $0.025 | |
Aug 23, 2012 | $0.024 | |
Jul 23, 2012 | $0.019 | |
Jun 25, 2012 | $0.027 | |
May 23, 2012 | $0.021 | |
Apr 23, 2012 | $0.019 | |
Mar 23, 2012 | $0.027 | |
Feb 23, 2012 | $0.019 | |
Jan 23, 2012 | $0.019 | |
Dec 23, 2011 | $0.024 | |
Nov 22, 2011 | $0.026 | |
Oct 24, 2011 | $0.019 | |
Sep 23, 2011 | $0.020 | |
Aug 23, 2011 | $0.028 | |
Jul 25, 2011 | $0.020 | |
Jun 27, 2011 | $0.021 | |
May 25, 2011 | $0.033 | |
Apr 27, 2011 | $0.019 | |
Mar 25, 2011 | $0.025 | |
Feb 25, 2011 | $0.026 | |
Jan 26, 2011 | $0.014 | |
Dec 28, 2010 | $0.029 | |
Nov 26, 2010 | $0.023 | |
Oct 27, 2010 | $0.021 | |
Sep 27, 2010 | $0.022 | |
Aug 25, 2010 | $0.024 | |
Jul 27, 2010 | $0.020 | |
Jun 25, 2010 | $0.080 | |
Mar 25, 2010 | $0.080 | |
Dec 28, 2009 | $0.096 | |
Sep 25, 2009 | $0.084 | |
Jun 25, 2009 | $0.080 | |
Mar 25, 2009 | $0.080 | |
Dec 26, 2008 | $0.172 | |
Sep 25, 2008 | $0.092 | |
Jun 25, 2008 | $0.087 | |
Mar 26, 2008 | $0.082 | |
Dec 27, 2007 | $0.147 | |
Sep 26, 2007 | $0.086 | |
Jun 27, 2007 | $0.078 | |
Mar 27, 2007 | $0.067 | |
Dec 27, 2006 | $0.100 | |
Sep 27, 2006 | $0.085 | |
Jun 27, 2006 | $0.067 | |
Mar 27, 2006 | $0.074 | |
Sep 27, 2005 | $0.080 | |
Jun 27, 2005 | $0.063 | |
Mar 25, 2005 | $0.065 | |
Dec 27, 2004 | $0.067 | |
Sep 27, 2004 | $0.056 | |
Jun 25, 2004 | $0.061 | |
Mar 25, 2004 | $0.067 | |
Dec 26, 2003 | $0.098 |
DDDBX - Fund Manager Analysis
Managers
Edward A. Gray
Start Date
Tenure
Tenure Rank
Mar 30, 2011
3.42
3.4%
Edward A. “Ned†Gray, CFA Senior Vice President, Senior Portfolio Manager Ned Gray joined Delaware Investments in June 2005 to develop the firm’s International Value Equity team, from Arborway Capital, which he co-founded in January 2005. He previously worked in the investment management business at Thomas Weisel Asset Management, and ValueQuest, which was acquired by TWAM in 2002. At ValueQuest, which he joined in 1987, Gray served as a senior investment professional with responsibilities for portfolio management, security analysis, quantitative research, performance analysis, global research, back office/investment information systems integration, trading, and client and consultant relations. Prior to ValueQuest, he was a research analyst at the Center for Competitive Analysis. Gray received his bachelor’s degree in history from Reed College and a master of arts in law and diplomacy, in international economics, business and law from Tufts University’s Fletcher School of Law and Diplomacy.
Thomas H. Chow
Start Date
Tenure
Tenure Rank
Dec 04, 2012
1.74
1.7%
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.
Nikhil G. Lalvani
Start Date
Tenure
Tenure Rank
Oct 02, 2006
7.92
7.9%
Nikhil G. Lalvani, CFA Vice President, Portfolio Manager Nikhil G. Lalvani is a portfolio manager with the firm’s Large-Cap Value Focus team. At Delaware Investments, Lalvani has served as both a fundamental and quantitative analyst. Prior to joining the firm in 1997, he was a research associate with Bloomberg. Lalvani holds a bachelor’s degree in finance from The Pennsylvania State University and is a member of the CFA Society of Philadelphia.
Kristen E. Bartholdson
Start Date
Tenure
Tenure Rank
Dec 01, 2008
5.75
5.8%
Kristen E. Bartholdson Vice President, Portfolio Manager Kristen E. Bartholdson is a portfolio manager with the firm’s Large-Cap Value Focus team. Prior to joining the firm in 2006, she worked at Susquehanna International Group from 2004 to 2006, where she was an equity research salesperson. From 2000 to 2004 she worked in equity research at Credit Suisse, most recently as an associate analyst in investment strategy. Bartholdson earned her bachelor’s degree in economics from Princeton University.
Wayne A. Anglace
Start Date
Tenure
Tenure Rank
Mar 31, 2010
4.42
4.4%
"Wayne A. Anglace, CFA Vice President, Portfolio Manager Wayne A. Anglace currently serves as a portfolio manager for the firm’s convertible bond strategies. Prior to joining the firm in March 2007 as a research analyst and trader, he spent more than two years as a research analyst at Gartmore Global Investments for its convertible bond strategy. From 2000 to 2004, Anglace worked in private client research at Deutsche Bank Alex. Brown in Baltimore where he focused on equity research, and he started his financial services career with Ashbridge Investment Management in 1999. Prior to moving to the financial industry, Anglace worked as a professional civil engineer. He earned his bachelor’s degree in civil engineering from Villanova University and an MBA with a concentration in finance from Saint Joseph’s University, and he is a member of the CFA Society of Philadelphia. "
Anthony A. Lombardi
Start Date
Tenure
Tenure Rank
Mar 15, 2005
9.47
9.5%
Anthony A. Lombardi, CFA Vice President, Senior Portfolio Manager Anthony A. Lombardi is a senior portfolio manager for the firm’s Large-Cap Value Focus strategy. Prior to joining the firm in 2004, Lombardi was a director at Merrill Lynch Investment Managers. He joined Merrill Lynch Investment Managers’ Capital Management Group in 1998 and last served as a portfolio manager for the U.S. Active Large-Cap Value team, managing mutual funds and separate accounts for institutions and private clients. From 1990 to 1997, he worked at Dean Witter Reynolds as a sell-side equity research analyst. He began his career as an investment analyst with Crossland Savings. Lombardi graduated from Hofstra University, receiving a bachelor’s degree in finance and an MBA with a concentration in finance. He is a member of the New York Society of Security Analysts and the CFA Institute.
Paul A. Matlack
Start Date
Tenure
Tenure Rank
Dec 04, 2012
1.74
1.7%
Paul A. Matlack, CFA Senior Vice President, Senior Portfolio Manager, Fixed Income Strategist Paul A. Matlack is a strategist and senior portfolio manager for the firm’s fixed income team. Matlack rejoined the firm in May 2010. During his previous time at Delaware Investments, from September 1989 to October 2000, he was senior credit analyst, senior portfolio manager, and left the firm as co-head of the high yield group. Most recently, he worked at Chartwell Investment Partners from September 2003 to April 2010 as senior portfolio manager in fixed income, where he managed core, core plus, and high yield strategies. Prior to that, Matlack held senior roles at Turner Investment Partners, PNC Bank, and Mellon Bank. He earned a bachelor’s degree in international relations from the University of Pennsylvania and an MBA with a concentration in finance from George Washington University.
John P. McCarthy
Start Date
Tenure
Tenure Rank
Dec 04, 2012
1.74
1.7%
John P. McCarthy is a senior research analyst on the firm’s taxable fixed income team, responsible for industrials, autos, auto parts, metals, and mining. He rejoined Delaware Investments in March 2007 after he worked in the firm’s fixed income area from 1990 to 2000 as a senior high yield analyst and high yield trader, and from 2001 to 2002 as a municipal bond trader. Most recently, he was a senior high yield analyst/trader at Chartwell Investment Partners. McCarthy earned a bachelor’s degree in business administration from Babson College, and he is a member of the CFA Society of Philadelphia.
Christopher M. Testa
Start Date
Tenure
Tenure Rank
Jun 19, 2014
0.2
0.2%
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.
Babak Zenouzi
Start Date
Tenure
Tenure Rank
May 08, 2006
8.32
8.3%
Babak "Bob" Zenouzi is the lead manager for the real estate securities and income solutions (RESIS) group at Delaware Investments, which includes the team, its process, and its institutional and retail products, which he created during his prior time with the firm. He also focuses on opportunities in Japan, Singapore, and Malaysia for the firm’s global REIT product. Additionally, he serves as lead portfolio manager for the firm’s Dividend Income products, which he helped to create in the 1990s. He is also a member of the firm’s asset allocation committee, which is responsible for building and managing multi-asset class portfolios. He rejoined Delaware Investments in May 2006 as senior portfolio manager and head of real estate securities. In his first term with the firm, he spent seven years as an analyst and portfolio manager, leaving in 1999 to work at Chartwell Investment Partners, where from 1999 to 2006 he was a partner and senior portfolio manager on Chartwell’s Small-Cap Value portfolio. He began his career with The Boston Company, where he held several positions in accounting and financial analysis. Zenouzi earned a master’s degree in finance from Boston College and a bachelor’s degree from Babson College. He is a member of the National Association of Real Estate Investment Trusts and the Urban Land Institute.
Damon J. Andres
Start Date
Tenure
Tenure Rank
Dec 02, 1996
17.76
17.8%
Andres is a vice president and portfolio manager with Delaware Investments, his employer since 1994. He has been on the REIT fund team since 1997. Prior to joining the firm, he provided investment consulting services as a Consulting Associate with Cambridge Associates, Inc. in Arlington Virginia. Andres holds the Chartered Financial Analyst designation.
D. Tysen Nutt, Jr.
Start Date
Tenure
Tenure Rank
Mar 15, 2005
9.47
9.5%
Mr. Nutt holds a bachelor’s degree from Dartmouth College. He joined Delaware Investments in 2004 after serving as a Managing Director at Merrill Lynch Investment Managers, where he managed mutual funds and separate accounts for institutions and private clients. He previously held positions at Dean Witter Reynolds and Van Deventer & Hoch. He is a member of the New York Society of Security Analysts and the Association for Investment Management and Research.
Robert A. Vogel, Jr.
Start Date
Tenure
Tenure Rank
Mar 15, 2005
9.47
9.5%
Mr. Vogel earned a BBA and an MS degree in finance from Loyola College and an MBA degree in finance from the University of Pennsylvania’s Wharton School. He joined Delaware Investments in 2004 after serving as a director at Merrill Lynch Investment Managers, where he managed mutual funds and separate accounts for institutions and private clients. He is a CFA Charterholder and a member of the New York Society of Security Analysts and the Association for Investment Management and Research.
Craig C. Dembek
Start Date
Tenure
Tenure Rank
Dec 04, 2012
1.74
1.7%
Craig C. Dembek is a senior research analyst on the firm’s taxable fixed income team with primary responsibility for banks, brokers, insurance companies, and real estate investment trusts (REITs), as well as oversight for other sectors. He rejoined the firm in March 2007. During his previous time at Delaware Investments, from April 1999 to January 2001, he was a senior investment grade credit analyst. Most recently, he spent four years at Chartwell Investment Partners as a senior fixed income analyst and Turner Investment Partners as a senior fixed income analyst and portfolio manager. Dembek also spent two years at Stein, Roe & Farnham as a senior fixed income analyst. Earlier in his career, he worked for two years as a lead bank analyst at the Federal Reserve Bank of Boston. Dembek earned a bachelor’s degree in finance from Michigan State University and an MBA with a concentration in finance from the University of Vermont.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
1.16 | 19.16 | 5.57 | 1.32 |