Delaware Foundation Moderate Allc B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
14.4%
3 Yr Avg Return
9.8%
5 Yr Avg Return
9.6%
Net Assets
$346 M
Holdings in Top 10
9.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.97%
SALES FEES
Front Load N/A
Deferred Load 4.00%
TRADING FEES
Turnover 135.00%
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
DFBBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 9.0%
- 5 Yr Annualized Total Return 9.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.37%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameDelaware Foundation Moderate Allocation Fund
-
Fund Family NameDelaware Investments
-
Inception DateDec 31, 1997
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerChristopher M. Ericksen
Fund Description
DFBBX - Performance
Return Ranking - Trailing
Period | DFBBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -52.8% | 20.9% | N/A |
1 Yr | 14.4% | -62.9% | 11.7% | N/A |
3 Yr | 9.8%* | -27.1% | 13.5% | N/A |
5 Yr | 9.6%* | -24.9% | 7.6% | N/A |
10 Yr | 6.3%* | -15.3% | 9.0% | N/A |
* Annualized
Return Ranking - Calendar
Period | DFBBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -34.6% | 1.6% | N/A |
2022 | N/A | -12.4% | 33.2% | N/A |
2021 | N/A | -65.8% | 23.3% | N/A |
2020 | N/A | -64.9% | 4.8% | N/A |
2019 | N/A | -29.5% | 68.3% | N/A |
Total Return Ranking - Trailing
Period | DFBBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -52.8% | 20.9% | N/A |
1 Yr | 10.4% | -60.7% | 12.4% | N/A |
3 Yr | 9.0%* | -22.5% | 14.3% | N/A |
5 Yr | 9.3%* | -22.2% | 47.3% | N/A |
10 Yr | 6.3%* | -12.5% | 13.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DFBBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -32.7% | 1.6% | N/A |
2022 | N/A | -8.4% | 33.2% | N/A |
2021 | N/A | -65.2% | 23.3% | N/A |
2020 | N/A | -62.9% | 9.2% | N/A |
2019 | N/A | -28.5% | 76.9% | N/A |
DFBBX - Holdings
Concentration Analysis
DFBBX | Category Low | Category High | DFBBX % Rank | |
---|---|---|---|---|
Net Assets | 346 M | 608 K | 147 B | N/A |
Number of Holdings | 1392 | 2 | 13352 | N/A |
Net Assets in Top 10 | 873 K | -120 M | 26.4 B | N/A |
Weighting of Top 10 | 9.75% | 5.6% | 3196.0% | N/A |
Top 10 Holdings
- 5 Year US Treasury Note Future Sept14 2.50%
- US Treasury Bond 3.375% 1.25%
- FNMA 0.92%
- E-mini S&P 500 Index Future Sept14 0.76%
- MSCI Emerging Market Index Future Sept14 0.76%
- Teva Pharmaceutical Industries Ltd ADR 0.73%
- MSCI EAFE Index Future Sept14 0.73%
- Microsoft Corp 0.73%
- Celgene Corp 0.68%
- NYSE/Liffe 30 Year US Treasury Bond Future Sept14 0.68%
Asset Allocation
Weighting | Return Low | Return High | DFBBX % Rank | |
---|---|---|---|---|
Stocks | 57.55% | -37.73% | 135.47% | N/A |
Bonds | 31.10% | -47.15% | 261.66% | N/A |
Other | 5.61% | -253.31% | 53.08% | N/A |
Cash | 4.39% | -283.85% | 353.31% | N/A |
Convertible Bonds | 0.72% | 0.00% | 26.92% | N/A |
Preferred Stocks | 0.63% | 0.00% | 65.70% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | DFBBX % Rank | |
---|---|---|---|---|
Technology | 9.32% | -3.22% | 31.95% | N/A |
Financial Services | 7.97% | -0.38% | 47.66% | N/A |
Healthcare | 7.53% | -1.99% | 45.45% | N/A |
Consumer Cyclical | 6.35% | -10.37% | 42.25% | N/A |
Consumer Defense | 5.78% | -4.62% | 18.58% | N/A |
Industrials | 5.57% | -0.28% | 27.17% | N/A |
Energy | 5.22% | -2.23% | 34.31% | N/A |
Communication Services | 3.40% | -0.92% | 7.14% | N/A |
Basic Materials | 3.24% | -1.52% | 22.33% | N/A |
Real Estate | 2.42% | -3.85% | 76.20% | N/A |
Utilities | 0.76% | -0.60% | 23.50% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DFBBX % Rank | |
---|---|---|---|---|
US | 31.15% | -39.12% | 134.61% | N/A |
Non US | 26.40% | -85.22% | 74.42% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | DFBBX % Rank | |
---|---|---|---|---|
Corporate | 22.35% | 0.00% | 86.09% | N/A |
Securitized | 8.16% | 0.00% | 43.20% | N/A |
Cash & Equivalents | 4.39% | -277.47% | 353.31% | N/A |
Government | 1.51% | -57.27% | 316.66% | N/A |
Municipal | 0.20% | 0.00% | 99.76% | N/A |
Derivative | 0.00% | -234.33% | 27.17% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DFBBX % Rank | |
---|---|---|---|---|
US | 25.06% | -47.15% | 201.54% | N/A |
Non US | 6.04% | -71.37% | 144.19% | N/A |
DFBBX - Expenses
Operational Fees
DFBBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.97% | 0.00% | 11.64% | N/A |
Management Fee | 0.65% | 0.00% | 2.50% | N/A |
12b-1 Fee | 1.00% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.83% | N/A |
Sales Fees
DFBBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.14% | 5.75% | N/A |
Deferred Load | 4.00% | 1.00% | 5.50% | N/A |
Trading Fees
DFBBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.11% | 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.
DFBBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 135.00% | 0.00% | 6067.00% | N/A |
DFBBX - Distributions
Dividend Yield Analysis
DFBBX | Category Low | Category High | DFBBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.57% | N/A |
Dividend Distribution Analysis
DFBBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
DFBBX | Category Low | Category High | DFBBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.37% | -4.09% | 6.99% | N/A |
Capital Gain Distribution Analysis
DFBBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 23, 2014 | $0.042 | |
Jun 23, 2014 | $0.071 | |
Mar 24, 2014 | $0.068 | |
Sep 23, 2013 | $0.013 | |
Jun 24, 2013 | $0.077 | |
Mar 25, 2013 | $0.055 | |
Dec 24, 2012 | $0.024 | |
Jun 25, 2012 | $0.050 | |
Mar 23, 2012 | $0.027 | |
Dec 23, 2011 | $0.045 | |
Jun 27, 2011 | $0.069 | |
Mar 25, 2011 | $0.033 | |
Dec 28, 2010 | $0.017 | |
Jun 25, 2010 | $0.068 | |
Mar 25, 2010 | $0.050 | |
Dec 28, 2009 | $0.156 | |
Dec 26, 2008 | $0.050 | |
Dec 28, 2007 | $0.199 | |
Dec 28, 2006 | $0.128 | |
Dec 29, 2005 | $0.046 | |
Dec 28, 2004 | $0.056 | |
Dec 29, 2003 | $0.038 | |
Dec 27, 2002 | $0.080 | |
Dec 31, 2001 | $0.086 | |
Dec 29, 2000 | $0.024 | |
Jun 27, 2000 | $0.035 | |
Mar 27, 2000 | $0.035 | |
Dec 29, 1999 | $0.215 | |
Sep 27, 1999 | $0.025 | |
Jun 25, 1999 | $0.025 | |
Mar 29, 1999 | $0.025 | |
Dec 30, 1998 | $0.045 | |
Sep 29, 1998 | $0.015 | |
Jun 29, 1998 | $0.015 |
DFBBX - Fund Manager Analysis
Managers
Christopher M. Ericksen
Start Date
Tenure
Tenure Rank
May 01, 2014
0.33
0.3%
Christopher M. Ericksen, CFA Vice President, Portfolio Manager, Equity Analyst Christopher M. Ericksen joined Delaware Investments in April 2005 as a portfolio manager on the firm’s Focus Growth Equity team, which is responsible for large-cap growth, all-cap growth, and one smid-cap growth portfolio. He was most recently a portfolio manager at Transamerica Investment Management, where he also managed institutional separate accounts. Before joining Transamerica in 2004, he was a vice president at Goldman Sachs. During his 10 years there, he worked in investment banking as well as investment management. Ericksen received his bachelor’s degree from Carnegie Mellon University, with majors in industrial management, economics, and political science.
Michael J. Hogan
Start Date
Tenure
Tenure Rank
Jun 30, 2007
7.18
7.2%
Hogan is an executive vice president, chief investment officer, and head of Equity Investments. Hogan joined Delaware Investments in April 2007 to lead equity investments. Prior to joining the firm, he spent 11 years at SEI. He worked at PNC Asset Management for seven years as a senior economist and then as a portfolio strategist. Hogan started his career at Wharton Econometric Forecasting Associates. Hogan holds the Chartered Financial Analyst designation.
Sharon Hill
Start Date
Tenure
Tenure Rank
Sep 23, 2008
5.94
5.9%
Hill, Senior Vice President, is head of equity quantitative research and analytics. She began her career at Delaware Investments as a senior programmer/analyst of investment systems within the IT department, and then moved to the equity group as a quantitative analyst before assuming her current position. Prior to joining the firm in 2000, Hill worked as a university professor, and as a fixed income financial software developer for Bloomberg.
Francis X. Morris
Start Date
Tenure
Tenure Rank
May 07, 2004
10.32
10.3%
Morris joined Delaware Investments in 1997 and is currently the chief investment officer for Core Equity investments. Prior to joining the firm, Morris served as vice president and director of equity research at PNC Asset Management. He received a bachelor’s degree from Providence College and holds an MBA from Widener University. Morris is a past president of the CFA Society of Philadelphia and is a member of the CFA Institute. In addition, he is a former officer of the National Association of Petroleum Investment Analysts.
Jeffrey S. Van Harte
Start Date
Tenure
Tenure Rank
May 01, 2014
0.33
0.3%
Jeffrey S. Van Harte, CFA Senior Vice President, Chief Investment Officer – Focus Growth Equity Jeffrey S. Van Harte is the chief investment officer for the Focus Growth Equity team, responsible for large-cap growth, all-cap growth, and one smid-cap growth portfolio. Prior to joining Delaware Investments in April 2005, he was a principal and executive vice president at Transamerica Investment Management. Van Harte has been managing portfolios and separate accounts for more than 20 years. Before becoming a portfolio manager, Van Harte was a securities analyst and trader for Transamerica Investment Services, which he joined in 1980. Van Harte received his bachelor’s degree in finance from California State University at Fullerton.
Christopher J. Bonavico
Start Date
Tenure
Tenure Rank
May 01, 2014
0.33
0.3%
Christopher J. Bonavico, CFA Vice President, Senior Portfolio Manager, Equity Analyst Christopher J. Bonavico, who joined Delaware Investments in April 2005, is a senior portfolio manager on the firm’s Focus Growth Equity team. This team is responsible for large-cap growth, all-cap growth, and one smid-cap growth portfolio. He was most recently a principal and portfolio manager at Transamerica Investment Management, where he managed sub-advised funds and institutional separate accounts. Before joining Transamerica in 1993, he was a research analyst for Salomon Brothers. Bonavico received his bachelor’s degree in economics from the University of Delaware.
Paul Grillo
Start Date
Tenure
Tenure Rank
Sep 23, 2008
5.94
5.9%
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.
Daniel J. Prislin
Start Date
Tenure
Tenure Rank
May 01, 2014
0.33
0.3%
Daniel J. Prislin, CFA Vice President, Senior Portfolio Manager, Equity Analyst Daniel J. Prislin joined Delaware Investments in April 2005 as a senior portfolio manager on the firm’s Focus Growth Equity team, which is responsible for large-cap growth, all-cap growth, and one smid-cap growth portfolio. He was most recently a principal and portfolio manager at Transamerica Investment Management, where he also managed sub-advised funds and institutional separate accounts. Prior to joining Transamerica in 1998, he was a portfolio manager with The Franklin Templeton Group. Prislin received an MBA and bachelor’s degree in business administration from the University of California at Berkeley.
Babak Zenouzi
Start Date
Tenure
Tenure Rank
Sep 23, 2008
5.94
5.9%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 31.98 | 8.31 | 2.33 |