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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$672 M

-

1.86%

Vitals

YTD Return

N/A

1 yr return

10.8%

3 Yr Avg Return

10.6%

5 Yr Avg Return

11.5%

Net Assets

$672 M

Holdings in Top 10

11.8%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.86%

SALES FEES

Front Load N/A

Deferred Load 4.00%

TRADING FEES

Turnover 88.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$672 M

-

1.86%

DHOBX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 10.0%
  • 5 Yr Annualized Total Return 11.3%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 5.63%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Delaware High Yield Opportunities Fund
  • Fund Family Name
    Delaware Investments
  • Inception Date
    Feb 17, 1998
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas H. Chow

Fund Description


DHOBX - Performance

Return Ranking - Trailing

Period DHOBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.2% 15.0% N/A
1 Yr 10.8% -15.4% 4.3% N/A
3 Yr 10.6%* -2.3% 5.6% N/A
5 Yr 11.5%* -8.3% 1.7% N/A
10 Yr 7.6%* -5.0% 4.6% N/A

* Annualized

Return Ranking - Calendar

Period DHOBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -23.1% -0.4% N/A
2022 N/A -9.5% 28.5% N/A
2021 N/A -3.5% 28.6% N/A
2020 N/A -34.3% 1.0% N/A
2019 N/A -23.1% 27.7% N/A

Total Return Ranking - Trailing

Period DHOBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.7% 15.0% N/A
1 Yr 6.8% -15.4% 7.0% N/A
3 Yr 10.0%* -2.3% 9.7% N/A
5 Yr 11.3%* -6.9% 5.8% N/A
10 Yr 7.6%* -0.8% 8.7% N/A

* Annualized

Total Return Ranking - Calendar

Period DHOBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -23.1% 1.3% N/A
2022 N/A -3.9% 36.8% N/A
2021 N/A -3.5% 39.0% N/A
2020 N/A -28.3% 4.3% N/A
2019 N/A -21.8% 27.7% N/A

DHOBX - Holdings

Concentration Analysis

DHOBX Category Low Category High DHOBX % Rank
Net Assets 672 M 1.02 M 24.4 B N/A
Number of Holdings 260 6 1626 N/A
Net Assets in Top 10 18.2 M -197 K 3.73 B N/A
Weighting of Top 10 11.80% 5.4% 100.1% N/A

Top 10 Holdings

  1. NYSE/Liffe 2 Year US Treasury Note Future Sept14 2.27%
  2. 5 Year US Treasury Note Future Sept14 2.26%
  3. Intelsat Luxembourg S A 8.125% 1.12%
  4. Ally Finl Pfd 144A 1.00%
  5. Par Pharma Cos 7.375% 0.98%
  6. Algeco Scotsman Global Fin 144A 10.75% 0.94%
  7. Lloyds Bkg Grp FRN 0.85%
  8. First Data 11.75% 0.80%
  9. Digicel Grp 144A 8.25% 0.80%
  10. Clear Channel Communications Inc Term Loan D-Ext - Libor 3m+675 0.78%

Asset Allocation

Weighting Return Low Return High DHOBX % Rank
Bonds
83.05% -17.48% 100.43% N/A
Other
7.63% -1.24% 11.36% N/A
Cash
4.53% -4.10% 117.48% N/A
Preferred Stocks
2.94% 0.00% 11.13% N/A
Stocks
1.49% -0.44% 99.99% N/A
Convertible Bonds
0.35% 0.00% 11.40% N/A

Stock Sector Breakdown

Weighting Return Low Return High DHOBX % Rank
Consumer Cyclical
0.42% -0.14% 15.43% N/A
Utilities
0.30% -0.04% 1.62% N/A
Communication Services
0.30% -0.04% 2.00% N/A
Energy
0.29% -0.06% 2.74% N/A
Healthcare
0.18% 0.00% 14.67% N/A
Technology
0.00% -0.17% 30.52% N/A
Real Estate
0.00% -0.03% 2.98% N/A
Industrials
0.00% 0.00% 14.47% N/A
Financial Services
0.00% -0.03% 16.74% N/A
Consumer Defense
0.00% -0.09% 4.73% N/A
Basic Materials
0.00% 0.00% 1.36% N/A

Stock Geographic Breakdown

Weighting Return Low Return High DHOBX % Rank
US
1.40% -0.43% 50.32% N/A
Non US
0.09% -0.01% 49.67% N/A

Bond Sector Breakdown

Weighting Return Low Return High DHOBX % Rank
Corporate
84.38% 0.00% 100.28% N/A
Cash & Equivalents
4.53% -0.40% 117.48% N/A
Government
1.47% -5.69% 66.73% N/A
Securitized
0.49% 0.00% 60.24% N/A
Derivative
0.00% -17.48% 8.43% N/A
Municipal
0.00% 0.00% 100.40% N/A

Bond Geographic Breakdown

Weighting Return Low Return High DHOBX % Rank
US
60.00% -17.48% 99.77% N/A
Non US
23.05% 0.00% 59.88% N/A

DHOBX - Expenses

Operational Fees

DHOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.86% 0.00% 6.42% N/A
Management Fee 0.64% 0.00% 1.00% N/A
12b-1 Fee 1.00% 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

DHOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load 4.00% 1.00% 5.50% N/A

Trading Fees

DHOBX 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.

DHOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 88.00% 5.00% 1334.00% N/A

DHOBX - Distributions

Dividend Yield Analysis

DHOBX Category Low Category High DHOBX % Rank
Dividend Yield 0.00% 0.00% 4.38% N/A

Dividend Distribution Analysis

DHOBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

DHOBX Category Low Category High DHOBX % Rank
Net Income Ratio 5.63% -1.92% 7.22% N/A

Capital Gain Distribution Analysis

DHOBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Distributions History

View More +

DHOBX - Fund Manager Analysis

Managers

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.

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.

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
0.1 21.26 6.8 0.1