Delaware Foundation Equity R
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
10.2%
3 Yr Avg Return
8.6%
5 Yr Avg Return
N/A
Net Assets
$1.99 M
Holdings in Top 10
9.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 9.59%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 47.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DFERX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 8.6%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.77%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameDelaware Foundation Equity Fund
-
Fund Family NameDelaware Investments
-
Inception DateAug 31, 2009
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael J. Hogan
Fund Description
DFERX - Performance
Return Ranking - Trailing
Period | DFERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 268.1% | N/A |
1 Yr | 10.2% | -64.8% | 268.1% | N/A |
3 Yr | 8.6%* | -100.0% | 115.6% | N/A |
5 Yr | N/A* | -100.0% | 58.6% | N/A |
10 Yr | N/A* | -12.1% | 26.2% | N/A |
* Annualized
Return Ranking - Calendar
Period | DFERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -100.0% | 73.0% | N/A |
2022 | N/A | -76.0% | 212.6% | N/A |
2021 | N/A | -65.0% | 900.0% | N/A |
2020 | N/A | -87.3% | 336.8% | N/A |
2019 | N/A | -60.1% | 304.1% | N/A |
Total Return Ranking - Trailing
Period | DFERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.0% | 268.1% | N/A |
1 Yr | 10.2% | -64.8% | 268.1% | N/A |
3 Yr | 8.6%* | -100.0% | 115.6% | N/A |
5 Yr | N/A* | -100.0% | 58.6% | N/A |
10 Yr | N/A* | -12.1% | 26.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DFERX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -100.0% | 76.6% | N/A |
2022 | N/A | -30.7% | 212.6% | N/A |
2021 | N/A | -65.0% | 900.0% | N/A |
2020 | N/A | -87.3% | 341.1% | N/A |
2019 | N/A | -60.1% | 304.1% | N/A |
DFERX - Holdings
Concentration Analysis
DFERX | Category Low | Category High | DFERX % Rank | |
---|---|---|---|---|
Net Assets | 1.99 M | 10 | 804 B | N/A |
Number of Holdings | 559 | 1 | 17333 | N/A |
Net Assets in Top 10 | 177 K | -7.11 B | 145 B | N/A |
Weighting of Top 10 | 9.12% | 0.0% | 20474.3% | N/A |
Top 10 Holdings
- Apple Inc 1.11%
- Toyota Motor Corp 1.06%
- Qualcomm, Inc. 1.02%
- EOG Resources 0.93%
- Chevron Corp 0.89%
- iShares MSCI Japan Index 0.83%
- Visa, Inc. 0.83%
- Google, Inc. Class A 0.82%
- Pfizer Inc 0.82%
- Crown Castle International Corp 0.81%
Asset Allocation
Weighting | Return Low | Return High | DFERX % Rank | |
---|---|---|---|---|
Stocks | 97.11% | -142.98% | 259.25% | N/A |
Cash | 2.66% | -2458.20% | 7388.76% | N/A |
Other | 0.22% | -7288.76% | 493.15% | N/A |
Preferred Stocks | 0.00% | -21.20% | 80.89% | N/A |
Convertible Bonds | 0.00% | -0.37% | 144.58% | N/A |
Bonds | 0.00% | -955.59% | 2458.15% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | DFERX % Rank | |
---|---|---|---|---|
Technology | 14.36% | -26.81% | 99.57% | N/A |
Financial Services | 12.97% | -7.59% | 99.69% | N/A |
Consumer Defense | 11.81% | -7.54% | 98.24% | N/A |
Healthcare | 11.44% | -15.38% | 100.00% | N/A |
Consumer Cyclical | 10.34% | -20.80% | 87.44% | N/A |
Industrials | 10.13% | -19.53% | 93.31% | N/A |
Energy | 9.48% | -6.25% | 144.83% | N/A |
Communication Services | 5.80% | -9.27% | 90.02% | N/A |
Basic Materials | 5.80% | -5.18% | 96.19% | N/A |
Real Estate | 3.58% | -8.52% | 100.26% | N/A |
Utilities | 1.23% | -3.80% | 94.95% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DFERX % Rank | |
---|---|---|---|---|
US | 54.57% | -142.98% | 149.27% | N/A |
Non US | 42.54% | -38.73% | 159.65% | N/A |
DFERX - Expenses
Operational Fees
DFERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 9.59% | -2.86% | 950.64% | N/A |
Management Fee | 0.65% | 0.00% | 2.87% | N/A |
12b-1 Fee | 0.60% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 52000.00% | N/A |
Sales Fees
DFERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 25.00% | N/A |
Deferred Load | N/A | 0.25% | 5.50% | N/A |
Trading Fees
DFERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
DFERX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 47.00% | 0.00% | 5067.00% | N/A |
DFERX - Distributions
Dividend Yield Analysis
DFERX | Category Low | Category High | DFERX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 84.51% | N/A |
Dividend Distribution Analysis
DFERX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
DFERX | Category Low | Category High | DFERX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.77% | -46.00% | 10.88% | N/A |
Capital Gain Distribution Analysis
DFERX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 24, 2012 | $0.078 | |
Dec 23, 2011 | $0.064 | |
Dec 28, 2010 | $0.080 | |
Dec 28, 2009 | $0.003 |
DFERX - Fund Manager Analysis
Managers
Michael J. Hogan
Start Date
Tenure
Tenure Rank
Aug 31, 2009
3.58
3.6%
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
Aug 31, 2009
3.58
3.6%
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
Aug 31, 2009
3.58
3.6%
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.
Paul Grillo
Start Date
Tenure
Tenure Rank
Aug 31, 2009
3.58
3.6%
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.
Babak Zenouzi
Start Date
Tenure
Tenure Rank
Aug 31, 2009
3.58
3.6%
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 |
---|---|---|---|
0.01 | 33.52 | 5.37 | 3.25 |