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Trending ETFs

Name

As of 12/10/2021

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

$21.34

$1.97 B

0.24%

$0.05

2.26%

Vitals

YTD Return

N/A

1 yr return

1.4%

3 Yr Avg Return

13.9%

5 Yr Avg Return

11.4%

Net Assets

$1.97 B

Holdings in Top 10

43.7%

52 WEEK LOW AND HIGH

$21.4
$20.90
$24.06

Expenses

OPERATING FEES

Expense Ratio 2.26%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 39.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$750

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/10/2021

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

$21.34

$1.97 B

0.24%

$0.05

2.26%

IPOBX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 13.1%
  • 5 Yr Annualized Total Return 11.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.05%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Delaware Ivy Systematic Emerging Markets Equity Fund
  • Fund Family Name
    Delaware Funds by Macquarie
  • Inception Date
    Oct 25, 1993
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

Delaware Ivy Systematic Emerging Markets Equity Fund invests, under normal circumstances, at least 80% of its net assets in equity securities, primarily common stock, of companies (i) from countries considered to be emerging market countries or (ii) that are economically linked to emerging market countries. Emerging market countries include, but are not limited to, those considered to be developing by the International Monetary Fund, the World Bank, the International Finance Corporation or one of the leading global investment banks. The Manager has broad discretion to identify other countries that it considers to qualify as emerging market countries. The majority of these countries are likely to be located in Asia, Latin America, the Middle East, Central and Eastern Europe, and Africa. The Fund may invest in companies of any size and market capitalization and in companies in any industry. The issuer of a security or other investment generally is deemed to be economically linked to a particular country if: (a) the security or other investment is issued or guaranteed by the government of that country or any of its agencies, authorities or instrumentalities; (b) the issuer is organized under the laws of, and maintains a principal office in, that country; (c) the issuer has its principal securities trading market in that country; (d) the issuer derives 50% or more of its total revenues from goods sold or services performed in that country; (e) the issuer has 50% or more of its assets in that country; or (f) the issuer is included in an index which is representative of that country.

The Fund may invest up to 100% of its total assets in foreign securities and may invest in depositary receipts of foreign issuers. The Fund also may invest up to 20% of its net assets in companies that are not located in, or economically linked to, emerging market countries: (1) if the Fund’s portfolio managers believe that the performance of a company or its industry will be influenced by opportunities in the emerging markets; (2) to maintain exposure to industry segments where the portfolio managers believe there are not satisfactory investment opportunities in emerging market countries; and/or (3) if the portfolio managers believe there is the potential for benefit to the Fund.

The Fund may invest in “A-Shares” of certain Chinese companies through various “connect programswith local stock exchanges in China.

Using a systematic bottom-up approach, the Fund seeks to select securities that have (1) solid earnings appreciation with trending price action, (2) demonstrated business quality, as seen through superior profitability, balance sheet strength, earnings stability, and corporate sustainability, and (3) reasonable company valuations relative to their current growth prospects, and their peer group. All of these factors give insight into the outlook for a company, and identify companies poised for sustainable growth. Sustainable growth, if it occurs, may result in price appreciation for the company’s stock. Macquarie Investment Management Global Limited (MIMGL) may sell a security if it no longer believes that the security is likely to contribute to meeting the investment objective of the Fund or if there are other opportunities that appear more attractive.

In determining whether to sell a security, the Manager generally considers whether the security has failed to meet its growth expectations, whether its valuation has exceeded its target, whether there has been a change in political regime, or whether it has lost confidence in management. The Manager also may sell a security to reduce the Fund’s holding in that security, to take advantage of what it believes are more attractive investment opportunities or to raise cash.

The Manager may permit its affiliates, Macquarie Investment Management Global Limited (MIMGL) and Macquarie Funds Management Hong Kong Limited, to execute Fund security trades on behalf of the Manager. The Manager may also seek quantitative support from MIMGL.

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IPOBX - Performance

Return Ranking - Trailing

Period IPOBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -49.0% 3.3% 37.97%
1 Yr 1.4% -50.4% 7.5% 0.63%
3 Yr 13.9%* -19.2% 64.6% 0.27%
5 Yr 11.4%* -13.2% 34.6% 0.31%
10 Yr 6.7%* -12.6% 11.7% 2.15%

* Annualized

Return Ranking - Calendar

Period IPOBX Return Category Return Low Category Return High Rank in Category (%)
2023 -4.1% -38.3% 24.4% 40.94%
2022 33.3% -26.9% 140.8% 0.41%
2021 21.7% 0.2% 34.6% 0.28%
2020 -20.7% -20.7% 9.4% 100.00%
2019 41.1% -11.5% 41.1% 0.17%

Total Return Ranking - Trailing

Period IPOBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.8% 3.3% 38.59%
1 Yr -3.6% -50.4% 30.2% 1.86%
3 Yr 13.1%* -19.2% 64.6% 0.27%
5 Yr 11.1%* -13.2% 34.6% 0.46%
10 Yr 6.7%* -12.6% 11.7% 2.15%

* Annualized

Total Return Ranking - Calendar

Period IPOBX Return Category Return Low Category Return High Rank in Category (%)
2023 -4.1% -38.2% 24.4% 40.94%
2022 33.3% -14.7% 140.8% 0.41%
2021 21.7% 0.2% 36.2% 0.28%
2020 -20.6% -20.6% 10.3% 100.00%
2019 41.1% -9.7% 41.1% 0.17%

NAV & Total Return History


IPOBX - Holdings

Concentration Analysis

IPOBX Category Low Category High IPOBX % Rank
Net Assets 1.97 B 717 K 102 B 26.15%
Number of Holdings 48 7 6734 90.71%
Net Assets in Top 10 975 M 3.7 K 19.3 B 19.29%
Weighting of Top 10 43.66% 2.8% 71.7% 14.93%

Top 10 Holdings

  1. Tencent Holdings Ltd 9.88%
  2. Tencent Holdings Ltd 9.88%
  3. Tencent Holdings Ltd 9.88%
  4. Tencent Holdings Ltd 9.88%
  5. Tencent Holdings Ltd 9.88%
  6. Tencent Holdings Ltd 9.88%
  7. Tencent Holdings Ltd 9.88%
  8. Tencent Holdings Ltd 9.88%
  9. Tencent Holdings Ltd 9.88%
  10. Tencent Holdings Ltd 9.88%

Asset Allocation

Weighting Return Low Return High IPOBX % Rank
Stocks
97.24% 0.90% 110.97% 53.00%
Cash
2.76% -23.67% 20.19% 40.94%
Preferred Stocks
0.00% 0.00% 2.67% 21.53%
Other
0.00% -1.48% 9.95% 15.88%
Convertible Bonds
0.00% 0.00% 7.40% 3.18%
Bonds
0.00% -0.03% 55.68% 16.57%

Stock Sector Breakdown

Weighting Return Low Return High IPOBX % Rank
Consumer Cyclical
22.30% 0.00% 48.94% 5.08%
Technology
18.76% 0.00% 47.50% 74.82%
Communication Services
17.18% 0.00% 46.62% 1.54%
Financial Services
15.12% 0.00% 48.86% 84.04%
Energy
7.01% 0.00% 26.66% 14.42%
Consumer Defense
6.13% 0.00% 28.13% 49.88%
Industrials
5.10% 0.00% 43.53% 64.30%
Basic Materials
3.66% 0.00% 30.03% 82.03%
Real Estate
2.69% 0.00% 17.15% 23.40%
Healthcare
2.06% 0.00% 93.26% 77.42%
Utilities
0.00% 0.00% 39.12% 69.39%

Stock Geographic Breakdown

Weighting Return Low Return High IPOBX % Rank
Non US
92.91% -4.71% 112.57% 73.29%
US
4.33% -1.60% 104.72% 11.76%

IPOBX - Expenses

Operational Fees

IPOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.26% 0.01% 2.69% 2.13%
Management Fee 0.88% 0.00% 2.00% 49.23%
12b-1 Fee 1.00% 0.00% 1.00% 77.46%
Administrative Fee N/A 0.01% 0.85% 2.56%

Sales Fees

IPOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 5.00% 1.00% 5.00% 1.09%

Trading Fees

IPOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 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.

IPOBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 39.00% 0.00% 190.00% 42.62%

IPOBX - Distributions

Dividend Yield Analysis

IPOBX Category Low Category High IPOBX % Rank
Dividend Yield 0.24% 0.00% 23.53% 56.84%

Dividend Distribution Analysis

IPOBX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

IPOBX Category Low Category High IPOBX % Rank
Net Income Ratio -1.05% -1.98% 17.62% 97.76%

Capital Gain Distribution Analysis

IPOBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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IPOBX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.43 13.42