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Trending ETFs

Name

As of 07/09/2021

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

$9.81

$217 M

2.35%

$0.29

0.92%

Vitals

YTD Return

-3.2%

1 yr return

6.0%

3 Yr Avg Return

8.0%

5 Yr Avg Return

4.6%

Net Assets

$217 M

Holdings in Top 10

13.1%

52 WEEK LOW AND HIGH

$9.9
$9.57
$10.39

Expenses

OPERATING FEES

Expense Ratio 0.92%

SALES FEES

Front Load 4.50%

Deferred Load N/A

TRADING FEES

Turnover 241.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 07/09/2021

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

$9.81

$217 M

2.35%

$0.29

0.92%

FIIGX - Profile

Distributions

  • YTD Total Return -3.2%
  • 3 Yr Annualized Total Return 6.3%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.06%
DIVIDENDS
  • Dividend Yield 2.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Delaware Investment Grade Fund
  • Fund Family Name
    First Investors
  • Inception Date
    Feb 19, 1991
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Wildstein

Fund Description


FIIGX - Performance

Return Ranking - Trailing

Period FIIGX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.2% -82.0% 10.7% 68.07%
1 Yr 6.0% -11.4% 45.4% 28.06%
3 Yr 8.0%* -0.8% 12.2% 22.74%
5 Yr 4.6%* 1.5% 8.3% 63.78%
10 Yr 4.6%* 2.3% 7.8% 74.64%

* Annualized

Return Ranking - Calendar

Period FIIGX Return Category Return Low Category Return High Rank in Category (%)
2023 5.6% -85.3% 10.6% 24.15%
2022 5.6% -44.7% 19.2% 70.29%
2021 -5.8% -52.7% -2.0% 37.14%
2020 0.8% -10.1% 9.5% 69.44%
2019 1.0% -0.7% 35.8% 93.14%

Total Return Ranking - Trailing

Period FIIGX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.2% -82.0% 10.7% 68.07%
1 Yr 1.2% -14.1% 42.5% 76.71%
3 Yr 6.3%* -1.8% 12.2% 53.46%
5 Yr 3.7%* 1.1% 8.3% 78.62%
10 Yr 4.1%* 2.3% 7.8% 84.06%

* Annualized

Total Return Ranking - Calendar

Period FIIGX Return Category Return Low Category Return High Rank in Category (%)
2023 5.6% -85.3% 10.6% 24.15%
2022 5.6% -44.7% 19.2% 70.20%
2021 -5.8% -23.2% 92.1% 48.25%
2020 0.8% -10.1% 9.5% 72.62%
2019 1.0% -0.7% 35.8% 93.71%

NAV & Total Return History


FIIGX - Holdings

Concentration Analysis

FIIGX Category Low Category High FIIGX % Rank
Net Assets 217 M 7.55 M 48.4 B 67.80%
Number of Holdings 228 1 8263 45.28%
Net Assets in Top 10 28.5 M -84.1 M 3.43 B 33.90%
Weighting of Top 10 13.08% 1.4% 100.0% 70.63%

Top 10 Holdings

  1. 10 Year Treasury Note Future Mar 21 5.79%
  2. 10 Year Treasury Note Future Mar 21 5.79%
  3. 10 Year Treasury Note Future Mar 21 5.79%
  4. 10 Year Treasury Note Future Mar 21 5.79%
  5. 10 Year Treasury Note Future Mar 21 5.79%
  6. 10 Year Treasury Note Future Mar 21 5.79%
  7. 10 Year Treasury Note Future Mar 21 5.79%
  8. 10 Year Treasury Note Future Mar 21 5.79%
  9. 10 Year Treasury Note Future Mar 21 5.79%
  10. 10 Year Treasury Note Future Mar 21 5.79%

Asset Allocation

Weighting Return Low Return High FIIGX % Rank
Bonds
94.77% 0.00% 144.87% 58.84%
Convertible Bonds
5.35% 0.00% 74.25% 12.11%
Preferred Stocks
0.74% 0.00% 7.75% 8.96%
Stocks
0.00% 0.00% 5.87% 65.62%
Cash
0.00% -51.29% 100.00% 82.57%
Other
-0.86% -38.92% 5.10% 99.52%

Bond Sector Breakdown

Weighting Return Low Return High FIIGX % Rank
Corporate
100.00% 0.00% 100.00% 20.58%
Derivative
0.00% 0.00% 27.55% 67.80%
Cash & Equivalents
0.00% 0.00% 100.00% 89.83%
Securitized
0.00% 0.00% 19.30% 79.18%
Municipal
0.00% 0.00% 2.91% 76.76%
Government
0.00% 0.00% 31.26% 80.87%

Bond Geographic Breakdown

Weighting Return Low Return High FIIGX % Rank
US
77.95% 0.00% 122.90% 62.71%
Non US
16.82% 0.00% 49.17% 33.66%

FIIGX - Expenses

Operational Fees

FIIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.92% 0.03% 3.62% 14.79%
Management Fee 0.50% 0.00% 1.35% 83.97%
12b-1 Fee 0.25% 0.00% 1.00% 42.45%
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

FIIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.50% 0.00% 4.75% 2.76%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FIIGX 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.

FIIGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 241.00% 0.00% 349.00% 96.98%

FIIGX - Distributions

Dividend Yield Analysis

FIIGX Category Low Category High FIIGX % Rank
Dividend Yield 2.35% 0.00% 2.41% 64.89%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FIIGX Category Low Category High FIIGX % Rank
Net Income Ratio 2.06% -1.57% 7.25% 83.41%

Capital Gain Distribution Analysis

FIIGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Semi-Monthly Semi-Monthly

Distributions History

View More +

FIIGX - Fund Manager Analysis

Managers

Michael Wildstein


Start Date

Tenure

Tenure Rank

Oct 04, 2019

1.74

1.7%

Michael G. Wildstein is a member of fixed income portfolio management team at Delaware Management Company, a series of Macquarie Investment Management Business Trust. Before joining the team, he was a senior corporate bond analyst focused on the telecommunications sector for high-grade and high yield portfolios. Prior to joining Macquarie Investment Management (MIM) in March 2007 as a senior research analyst, Wildstein spent five years at Merrill Lynch Investment Managers in various roles that included portfolio manager for the core bond team, corporate bond research analyst, and corporate bond trader. Before moving into investment management, Wildstein worked in finance, corporate strategy, and business development with several firms including RCN Corporation and AT&T Local Services. He earned a bachelor’s degree from the University of Tampa and an MBA from Drexel University.

Kashif Ishaq


Start Date

Tenure

Tenure Rank

Oct 04, 2019

1.74

1.7%

Kashif Ishaq Managing Director, Head of Credit Trading, Portfolio Manager Kashif Ishaq is global head of corporate bond trading for Macquarie Investment Management Fixed Income (MFI). He plays an integral role in the investment process, managing investment grade corporate bond exposure within MFI’s portfolios and performing relative value analysis across corporate curves and capital structures. He is also responsible for managing all corporate credit traders and maintaining key industry relationships. He started his fixed income career with Macquarie Investment Management as a portfolio analyst on the firm’s insurance portfolio management team before taking a position as an investment grade trader. For the three years prior to joining MIM in August 2005, he participated in Lincoln Financial Group’s rotational Professional Development Program. He started the program as a financial analyst in the Hartford office, followed by a position in information technology, and lastly he spent a year in the client services department of Delaware Investments. Ishaq received his bachelor’s degree in corporate finance and accounting from Bentley College.

Wayne Anglace


Start Date

Tenure

Tenure Rank

Oct 04, 2019

1.74

1.7%

Wayne A. Anglace currently serves as a senior portfolio manager for Macquarie Investment Management's corporate and convertible bond strategies. Prior to joining Macquarie Investment Management (MIM), which includes the former Delaware Investments, in March 2007 as a research analyst for the firm’s high grade, high yield, and convertible bond portfolios, 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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 23.84 5.59 1.49