Delaware Ivy Smid Cap Core Fund Class B
Name
As of 12/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
24.0%
3 Yr Avg Return
9.1%
5 Yr Avg Return
8.2%
Net Assets
$709 M
Holdings in Top 10
32.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.39%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 127.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$750
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
IYSBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 8.3%
- 5 Yr Annualized Total Return 7.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.33%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
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Legal NameDelaware Ivy Smid Cap Core Fund
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Fund Family NameDelaware Funds by Macquarie
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Inception DateDec 08, 2003
-
Shares OutstandingN/A
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Share ClassB
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CurrencyUSD
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Domiciled CountryUnited States
Fund Description
Delaware Ivy Smid Cap Core Fund seeks to achieve its objective by investing primarily in various types of equity securities of small- and mid-capitalization companies that Delaware Management Company (Manager) believes have the greatest potential for capital appreciation. Under normal circumstances, at least 80% of the Fund’s net assets will be invested, at the time of purchase, in common stocks of small-and mid-capitalization companies. For purposes of this Fund, small-capitalization companies typically are companies with market capitalizations similar to those of issuers included in the Russell 2500TM Index at the time of purchase and mid-capitalization companies are those within the market capitalization range of the Russell Midcap® Index at the time of purchase.
The Manager researches individual companies and analyzes economic and market conditions, seeking to identify the securities or market sectors that it believes are the best investments for the Fund. The following are descriptions of how the portfolio management team pursues the Fund’s investment objective. The Manager strives to identify stocks of small companies that it believes offer above-average opportunities for long-term price appreciation based on: (1) attractive valuations, (2) growth prospects, and (3) strong cash flow. The Fund employs bottom-up (stock-by-stock) security selection utilizing quantitative screens, fundamental research, and risk control to evaluate stocks based on both growth and value characteristics. The Manager typically uses a quantitative screen that ranks the attractiveness of an investment based on a combination of valuation measures, earnings expectations, cash flow, and balance-sheet quality. In further evaluating the attractiveness of an investment, the Manager considers factors such as business conditions in the company’s industry and its competitive position in that industry. The Manager conducts fundamental research on certain investments, which often includes reviewing US Securities and Exchange Commission (SEC) filings, examining financial statements, and meeting with top-level company executives. When constructing the portfolio, the Manager applies controls to ensure the portfolio has risk characteristics that it deems acceptable. These characteristics include, but are not limited to, size, valuation, growth, yield, and earnings consistency. This risk profile is then compared to the benchmark index to ensure the portfolio does not have any unintended risk exposure.
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.
IYSBX - Performance
Return Ranking - Trailing
Period | IYSBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.7% | 152.4% | 24.85% |
1 Yr | 24.0% | -51.3% | 132.1% | 0.81% |
3 Yr | 9.1%* | -21.0% | 28.5% | 5.94% |
5 Yr | 8.2%* | -24.0% | 9.7% | 1.98% |
10 Yr | 11.1%* | -10.2% | 15.2% | 4.06% |
* Annualized
Return Ranking - Calendar
Period | IYSBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.7% | -71.0% | 40.7% | 23.01% |
2022 | 6.0% | -30.0% | 45.2% | 41.64% |
2021 | 22.0% | -25.4% | 350.1% | 1.76% |
2020 | -24.6% | -31.9% | 5.2% | 99.64% |
2019 | 9.5% | -62.1% | 21.1% | 1.38% |
Total Return Ranking - Trailing
Period | IYSBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -50.7% | 152.4% | 23.92% |
1 Yr | 19.0% | -51.3% | 132.1% | 0.81% |
3 Yr | 8.3%* | -21.0% | 28.5% | 6.96% |
5 Yr | 7.9%* | -22.4% | 9.7% | 2.16% |
10 Yr | 11.1%* | -4.7% | 15.2% | 4.06% |
* Annualized
Total Return Ranking - Calendar
Period | IYSBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.7% | -71.0% | 40.7% | 23.01% |
2022 | 6.0% | -30.0% | 45.2% | 41.64% |
2021 | 22.0% | -25.4% | 27.7% | 1.76% |
2020 | -11.7% | -31.9% | 7.8% | 96.73% |
2019 | 12.2% | -3.8% | 26.5% | 2.75% |
NAV & Total Return History
IYSBX - Holdings
Concentration Analysis
IYSBX | Category Low | Category High | IYSBX % Rank | |
---|---|---|---|---|
Net Assets | 709 M | 1.48 M | 120 B | 39.65% |
Number of Holdings | 54 | 2 | 2519 | 91.23% |
Net Assets in Top 10 | 237 M | 6 K | 4.6 B | 20.10% |
Weighting of Top 10 | 32.50% | 2.6% | 100.0% | 8.90% |
Top 10 Holdings
- Pinnacle Financial Partners Inc 4.62%
- Regal Rexnord Corp 3.92%
- Skechers USA Inc 3.63%
- Treehouse Foods Inc 3.56%
- Coherent Inc 3.54%
- LPL Financial Holdings Inc 3.42%
- Chemed Corp 3.41%
- Switch Inc Class A 3.34%
- 2U Inc 3.21%
- Varonis Systems Inc 3.18%
Asset Allocation
Weighting | Return Low | Return High | IYSBX % Rank | |
---|---|---|---|---|
Stocks | 97.08% | 25.32% | 100.32% | 69.06% |
Cash | 2.91% | -79.10% | 74.68% | 30.14% |
Preferred Stocks | 0.00% | 0.00% | 5.85% | 5.26% |
Other | 0.00% | -8.80% | 6.95% | 6.22% |
Convertible Bonds | 0.00% | 0.00% | 3.17% | 3.67% |
Bonds | 0.00% | 0.00% | 72.07% | 3.67% |
Stock Sector Breakdown
Weighting | Return Low | Return High | IYSBX % Rank | |
---|---|---|---|---|
Industrials | 25.82% | 2.46% | 37.42% | 8.70% |
Financial Services | 15.90% | 0.00% | 35.52% | 43.80% |
Healthcare | 14.20% | 0.00% | 26.53% | 42.19% |
Technology | 13.05% | 0.00% | 54.70% | 63.29% |
Consumer Cyclical | 11.88% | 0.00% | 47.79% | 33.82% |
Basic Materials | 7.00% | 0.00% | 18.66% | 12.72% |
Energy | 4.91% | 0.00% | 37.72% | 69.57% |
Consumer Defense | 2.84% | 0.00% | 18.87% | 77.78% |
Communication Services | 2.54% | 0.00% | 14.85% | 53.62% |
Real Estate | 1.87% | 0.00% | 29.43% | 91.79% |
Utilities | 0.00% | 0.00% | 18.58% | 88.24% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | IYSBX % Rank | |
---|---|---|---|---|
US | 94.93% | 24.89% | 100.00% | 65.23% |
Non US | 2.15% | 0.00% | 36.31% | 38.28% |
IYSBX - Expenses
Operational Fees
IYSBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.39% | 0.03% | 2.78% | 0.65% |
Management Fee | 0.85% | 0.00% | 1.50% | 73.52% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 82.76% |
Administrative Fee | N/A | 0.01% | 0.45% | 1.67% |
Sales Fees
IYSBX 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% | 1.69% |
Trading Fees
IYSBX 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.
IYSBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 127.00% | 0.20% | 314.00% | 91.73% |
IYSBX - Distributions
Dividend Yield Analysis
IYSBX | Category Low | Category High | IYSBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.88% | 32.06% |
Dividend Distribution Analysis
IYSBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
IYSBX | Category Low | Category High | IYSBX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.33% | -2.40% | 2.49% | 98.70% |
Capital Gain Distribution Analysis
IYSBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |