Delaware Foundation® Growth Allc R
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
16.7%
3 Yr Avg Return
5.6%
5 Yr Avg Return
8.4%
Net Assets
$61.3 M
Holdings in Top 10
13.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.80%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 103.00%
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
DFGRX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 5.6%
- 5 Yr Annualized Total Return 8.4%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.96%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameDelaware Foundation® Growth Allocation Fund
-
Fund Family NameDelaware Funds by Macquarie
-
Inception DateJun 02, 2003
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerChristopher M. Ericksen
Fund Description
DFGRX - Performance
Return Ranking - Trailing
Period | DFGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -24.9% | 37.0% | N/A |
1 Yr | 16.7% | -72.1% | 15.3% | N/A |
3 Yr | 5.6%* | -32.4% | 25.9% | N/A |
5 Yr | 8.4%* | -22.9% | 14.2% | N/A |
10 Yr | 4.8%* | -9.7% | 13.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | DFGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -73.8% | -0.3% | N/A |
2022 | N/A | -19.8% | 49.8% | N/A |
2021 | N/A | -73.5% | 24.7% | N/A |
2020 | N/A | -27.7% | 17.2% | N/A |
2019 | N/A | -40.2% | 18.4% | N/A |
Total Return Ranking - Trailing
Period | DFGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -24.9% | 37.0% | N/A |
1 Yr | 16.7% | -72.1% | 15.3% | N/A |
3 Yr | 5.6%* | -32.4% | 25.9% | N/A |
5 Yr | 8.4%* | -22.9% | 16.3% | N/A |
10 Yr | 4.8%* | -9.7% | 15.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DFGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -73.8% | 1.8% | N/A |
2022 | N/A | -10.3% | 53.2% | N/A |
2021 | N/A | -21.0% | 26.9% | N/A |
2020 | N/A | -26.7% | 18.6% | N/A |
2019 | N/A | -23.9% | 18.4% | N/A |
DFGRX - Holdings
Concentration Analysis
DFGRX | Category Low | Category High | DFGRX % Rank | |
---|---|---|---|---|
Net Assets | 61.3 M | 4.87 M | 97.7 B | N/A |
Number of Holdings | 1149 | 2 | 7999 | N/A |
Net Assets in Top 10 | 2.81 M | 595 K | 17.1 B | N/A |
Weighting of Top 10 | 12.97% | 6.8% | 166.4% | N/A |
Top 10 Holdings
- US 10 Year Note (CBT) Dec17 4.23%
- iShares Russell 1000 Growth ETF 2.20%
- Fed Natl Mort Assc 3% 1.44%
- Reliance Industries Ltd ADR 0.94%
- US Treasury Note 1.875% 0.90%
- Samsung Electronics Co Ltd 0.76%
- US Treasury Note 2.25% 0.68%
- Microsoft Corp 0.64%
- ITOCHU Corp 0.61%
- Vinci SA 0.59%
Asset Allocation
Weighting | Return Low | Return High | DFGRX % Rank | |
---|---|---|---|---|
Stocks | 76.01% | 0.00% | 105.85% | N/A |
Bonds | 19.31% | -17.76% | 99.46% | N/A |
Cash | 5.77% | -0.45% | 49.39% | N/A |
Preferred Stocks | 0.40% | 0.00% | 13.98% | N/A |
Convertible Bonds | 0.06% | 0.00% | 25.69% | N/A |
Other | -1.54% | -0.54% | 25.01% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | DFGRX % Rank | |
---|---|---|---|---|
Technology | 12.41% | 0.00% | 73.44% | N/A |
Financial Services | 11.14% | 0.00% | 44.34% | N/A |
Industrials | 9.66% | 0.00% | 80.34% | N/A |
Healthcare | 9.14% | 0.00% | 26.87% | N/A |
Consumer Cyclical | 8.07% | 0.00% | 57.09% | N/A |
Real Estate | 6.86% | -0.30% | 97.30% | N/A |
Consumer Defense | 6.02% | -0.72% | 40.44% | N/A |
Energy | 4.87% | 0.00% | 52.81% | N/A |
Communication Services | 3.72% | 0.00% | 39.16% | N/A |
Basic Materials | 3.29% | 0.00% | 33.77% | N/A |
Utilities | 0.82% | 0.00% | 89.43% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DFGRX % Rank | |
---|---|---|---|---|
US | 41.92% | 0.00% | 96.55% | N/A |
Non US | 34.09% | 0.00% | 99.77% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | DFGRX % Rank | |
---|---|---|---|---|
Securitized | 11.46% | -24.16% | 25.77% | N/A |
Corporate | 9.75% | 0.00% | 61.00% | N/A |
Cash & Equivalents | 5.78% | -25.67% | 49.39% | N/A |
Municipal | 0.18% | 0.00% | 0.09% | N/A |
Derivative | -0.12% | -34.39% | 31.94% | N/A |
Government | -1.52% | -0.03% | 99.46% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DFGRX % Rank | |
---|---|---|---|---|
US | 18.66% | -21.64% | 99.46% | N/A |
Non US | 0.65% | 0.00% | 62.14% | N/A |
DFGRX - Expenses
Operational Fees
DFGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.80% | 0.01% | 164.00% | N/A |
Management Fee | 0.65% | 0.00% | 1.50% | N/A |
12b-1 Fee | 0.50% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.47% | N/A |
Sales Fees
DFGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.08% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
DFGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.08% | 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.
DFGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 103.00% | 0.00% | 1856.00% | N/A |
DFGRX - Distributions
Dividend Yield Analysis
DFGRX | Category Low | Category High | DFGRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.77% | N/A |
Dividend Distribution Analysis
DFGRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Semi-Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
DFGRX | Category Low | Category High | DFGRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.96% | -1.68% | 6.88% | N/A |
Capital Gain Distribution Analysis
DFGRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 07, 2017 | $0.115 | |
Jun 23, 2017 | $0.015 | |
Dec 23, 2016 | $0.091 | |
Jun 23, 2016 | $0.017 | |
Dec 23, 2015 | $0.081 | |
Jun 23, 2015 | $0.013 | |
Dec 23, 2014 | $0.172 | |
Dec 23, 2013 | $0.123 | |
Dec 24, 2012 | $0.120 | |
Dec 23, 2011 | $0.124 | |
Dec 28, 2010 | $0.128 | |
Dec 28, 2009 | $0.163 | |
Dec 28, 2007 | $0.239 | |
Dec 28, 2006 | $0.136 | |
Dec 29, 2005 | $0.072 | |
Dec 28, 2004 | $0.018 | |
Dec 29, 2003 | $0.032 |
DFGRX - Fund Manager Analysis
Managers
Christopher M. Ericksen
Start Date
Tenure
Tenure Rank
May 01, 2014
3.59
3.6%
Christopher M. Ericksen, CFA Portfolio Manager, Research Analyst Christopher M. Ericksen became a member of Jackson Square, at its inception in May 2014, as a portfolio manager and research analyst. Prior to joining Jackson Square, he was a portfolio manager and equity analyst on the Delaware Investments Focus Growth Equity team from April 2005 to April 2014. The Focus Growth Equity team managed large-cap growth, smid-cap growth, all-cap growth and global growth portfolios. Prior to joining Delaware Investments, he was 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.
Sharon Hill
Start Date
Tenure
Tenure Rank
Sep 23, 2008
9.19
9.2%
Hill, Senior Vice President, is head of equity quantitative research and analytics. Dr. Sharon Hill heads the firm’s equity quantitative research team in the Americas and is a member of the firm’s asset allocation committee, which is responsible for building and managing multi-asset class portfolios. Dr. Hill joined Macquarie Investment Management (MIM), which includes the former Delaware Investments, in 2000 as a senior programmer/analyst within the IT department, and then moved to the equity group as a quantitative analyst in 2002 before assuming her current position in 2004. Before joining the firm, she worked as a professor of mathematics at Rowan University and as a software developer for Bloomberg, where she focused on fixed income applications. Dr. Hill holds a bachelor’s degree, with honors, in mathematics from the City University of New York at Brooklyn College, as well as a master’s degree and Ph.D. in mathematics from the University of Connecticut. Her academic publications include work on water waves, complex spring systems, and global investments. She is a member of the Society of Quantitative Analysts and she is on the program committee of the Journal of Investment Management.
Francis X. Morris
Start Date
Tenure
Tenure Rank
May 07, 2004
13.58
13.6%
Francis X. Morris joined Delaware Investments in 1997 as a vice president and portfolio manager, and is currently the chief investment officer for Core Equity investments. Mr. Morris is also a member of the firm’s asset allocation committee, which is responsible for building and managing multi-asset class portfolios. In addition, Mr. Morris serves as a Trustee for the Delaware Management Holdings, Inc. (Delaware Investments) 401(k) and Retirement Plan. Prior to joining the firm, Mr. Morris was vice president and director of equity research at PNC Asset Management. Mr. Morris received a bachelor’s degree from Providence College and holds an MBA from Widener University. Mr. Morris is currently a member of the Business Advisory Council of the Providence College School of Business. Mr. Morris is a past president of the CFA Society of Philadelphia and is a member of the CFA Institute. Mr. Morris is a former officer of the National Association of Petroleum Investment Analysts.
Jeffrey S. Van Harte
Start Date
Tenure
Tenure Rank
May 01, 2014
3.59
3.6%
Jeffrey S. Van Harte, Chairman and the chief investment officer, joined JSP in April 2014. Previously, he was a senior vice president and the chief investment officer at Delaware, and was the chief investment officer for its Focus Growth Equity team (2005 to 2014). Prior to that, he was a principal and executive vice president at Transamerica Investment Management (1980 to 2005). He received his bachelor’s degree in finance from California State University at Fullerton.
Christopher J. Bonavico
Start Date
Tenure
Tenure Rank
May 01, 2014
3.59
3.6%
Christopher J. Bonavico, CFA Portfolio Manager, Research Analyst Christopher J. Bonavico became a member of Jackson Square, at its inception in May 2014, as a portfolio manager and research analyst. Prior to joining Jackson Square, he was a portfolio manager and equity analyst on the Delaware Investments Focus Growth Equity team from April 2005 to April 2014. The Focus Growth Equity team managed large-cap growth, smid-cap growth, all-cap growth and global growth portfolios. Prior to joining Delaware Investments, he was 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
9.19
9.2%
Paul Grillo, CFA, is a member of Delaware’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
3.59
3.6%
Daniel J. Prislin, CFA Portfolio Manager, Research Analyst Daniel J. Prislin became a member of Jackson Square, at its inception in May 2014, as a portfolio manager and research analyst. Prior to joining Jackson Square, he was a portfolio manager and equity analyst on the Delaware Investments Focus Growth Equity team from April 2005 to April 2014. The Focus Growth Equity team managed large-cap growth, smid-cap growth, all-cap growth and global growth portfolios. Prior to joining Delaware Investments, he was 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
9.19
9.2%
Mr. Zenouzi is the lead manager for RESIS group at Macquarie Investment Management, which includes the former Delaware Investments. He is also a member of the firm’s asset allocation committee and Urban Land Institute. He rejoined the firm in May 2006 as senior portfolio manager and head of real estate securities. He left in 1999 to work at Chartwell Investment Partners as partner and senior portfolio manager from 1999 to 2006. He began his career with The Boston Company as analysis. Zenouzi earned a master’s degree and a bachelor’s degree in finance from Babson College.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.22 | 34.07 | 6.89 | 1.32 |