DELAWARE VALUE FUND
Name
As of 11/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.4%
1 yr return
17.3%
3 Yr Avg Return
2.8%
5 Yr Avg Return
5.7%
Net Assets
$3.98 B
Holdings in Top 10
32.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.69%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 22.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DDVCX - Profile
Distributions
- YTD Total Return 9.4%
- 3 Yr Annualized Total Return 2.8%
- 5 Yr Annualized Total Return 5.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.57%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameDELAWARE VALUE FUND
-
Fund Family NameDelaware Funds by Macquarie
-
Inception DateApr 30, 2002
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Vogel
Fund Description
Under normal circumstances, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of large-capitalization companies (the 80% policy). The Fund invests primarily in securities of large-capitalization companies that the Manager believes have long-term capital appreciation potential. The Manager currently defines large-capitalization stocks as those with market capitalizations of $5 billion or greater at the time of purchase. Typically, the Manager seeks to select securities that it believes are undervalued in relation to their intrinsic value, as indicated by multiple factors, including the earnings and cash flow potential or the asset value of the respective issuers. The Manager also considers a company’s plans for future operations on a selective basis. The Manager may sell a security if it no longer believes the security will contribute to meeting the investment objective of the Fund.
The Manager may permit its affiliate, Macquarie Investment Management Global Limited (MIMGL), to execute Fund security trades on behalf of the Manager. The Manager may also seek quantitative support from MIMGL.
The Fund’s 80% policy is nonfundamental and may be changed without shareholder approval. Fund shareholders would be given at least 60 days’ notice prior to any change.
DDVCX - Performance
Return Ranking - Trailing
Period | DDVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.4% | -10.8% | 38.0% | 93.98% |
1 Yr | 17.3% | 3.9% | 61.3% | 97.50% |
3 Yr | 2.8%* | -4.3% | 30.5% | 96.79% |
5 Yr | 5.7%* | -1.0% | 45.1% | 98.31% |
10 Yr | 6.4%* | 1.5% | 25.0% | 94.79% |
* Annualized
Return Ranking - Calendar
Period | DDVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -8.9% | -16.9% | 46.1% | 98.62% |
2022 | -12.8% | -64.7% | 4.6% | 57.61% |
2021 | -2.8% | -44.2% | 57.5% | 97.40% |
2020 | -2.7% | -23.2% | 285.0% | 67.68% |
2019 | 14.5% | -21.4% | 48.5% | 81.54% |
Total Return Ranking - Trailing
Period | DDVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.4% | -10.8% | 38.0% | 93.98% |
1 Yr | 17.3% | 3.9% | 61.3% | 97.50% |
3 Yr | 2.8%* | -4.3% | 30.5% | 96.79% |
5 Yr | 5.7%* | -1.0% | 45.1% | 98.31% |
10 Yr | 6.4%* | 1.5% | 25.0% | 94.79% |
* Annualized
Total Return Ranking - Calendar
Period | DDVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.1% | -15.9% | 46.7% | 97.33% |
2022 | -4.5% | -42.0% | 8.5% | 40.15% |
2021 | 21.2% | 3.6% | 129.7% | 89.33% |
2020 | -0.9% | -22.6% | 304.8% | 81.28% |
2019 | 19.0% | -12.7% | 52.1% | 96.35% |
NAV & Total Return History
DDVCX - Holdings
Concentration Analysis
DDVCX | Category Low | Category High | DDVCX % Rank | |
---|---|---|---|---|
Net Assets | 3.98 B | 1.97 M | 163 B | 24.24% |
Number of Holdings | 37 | 2 | 1727 | 89.16% |
Net Assets in Top 10 | 1.17 B | 433 K | 37.8 B | 25.25% |
Weighting of Top 10 | 32.89% | 4.4% | 99.1% | 29.07% |
Top 10 Holdings
- Cisco Systems Inc 3.36%
- Allstate Corp/The 3.32%
- Electronic Arts Inc 3.32%
- Cigna Group/The 3.30%
- US Bancorp 3.30%
- Motorola Solutions Inc 3.29%
- Fidelity National Information Services Inc 3.29%
- Travelers Cos Inc/The 3.25%
- Oracle Corp 3.23%
- Cognizant Technology Solutions Corp 3.22%
Asset Allocation
Weighting | Return Low | Return High | DDVCX % Rank | |
---|---|---|---|---|
Stocks | 98.97% | 7.19% | 103.40% | 39.39% |
Cash | 1.03% | 0.00% | 36.15% | 56.20% |
Preferred Stocks | 0.00% | 0.00% | 15.27% | 13.41% |
Other | 0.00% | -2.59% | 36.68% | 33.61% |
Convertible Bonds | 0.00% | 0.00% | 3.66% | 8.30% |
Bonds | 0.00% | 0.00% | 78.06% | 12.76% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DDVCX % Rank | |
---|---|---|---|---|
Healthcare | 18.31% | 0.00% | 30.08% | 42.35% |
Technology | 17.42% | 0.00% | 54.02% | 11.68% |
Financial Services | 15.32% | 0.00% | 58.05% | 82.21% |
Consumer Defense | 12.99% | 0.00% | 34.10% | 13.72% |
Industrials | 12.45% | 0.00% | 42.76% | 36.79% |
Communication Services | 8.13% | 0.00% | 26.58% | 17.61% |
Utilities | 3.27% | 0.00% | 27.04% | 67.01% |
Energy | 3.26% | 0.00% | 54.00% | 90.73% |
Real Estate | 3.08% | 0.00% | 90.54% | 43.47% |
Basic Materials | 2.89% | 0.00% | 21.69% | 62.00% |
Consumer Cyclical | 2.88% | 0.00% | 22.74% | 89.34% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DDVCX % Rank | |
---|---|---|---|---|
US | 98.97% | 7.19% | 103.40% | 32.51% |
Non US | 0.00% | 0.00% | 24.08% | 35.81% |
DDVCX - Expenses
Operational Fees
DDVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.69% | 0.03% | 14.82% | 13.64% |
Management Fee | 0.53% | 0.00% | 1.50% | 40.70% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 81.11% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
DDVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | 1.00% | 0.95% | 5.00% | 10.16% |
Trading Fees
DDVCX 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.
DDVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 22.00% | 0.00% | 488.00% | 24.01% |
DDVCX - Distributions
Dividend Yield Analysis
DDVCX | Category Low | Category High | DDVCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.54% | 0.00% | 16.67% | 6.07% |
Dividend Distribution Analysis
DDVCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Annual |
Net Income Ratio Analysis
DDVCX | Category Low | Category High | DDVCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.57% | -1.51% | 4.28% | 86.65% |
Capital Gain Distribution Analysis
DDVCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 20, 2024 | $0.025 | OrdinaryDividend |
Mar 22, 2024 | $0.010 | OrdinaryDividend |
Dec 18, 2023 | $0.045 | OrdinaryDividend |
Dec 18, 2023 | $1.661 | CapitalGainLongTerm |
Dec 18, 2023 | $1.706 | OrdinaryDividend |
Sep 22, 2023 | $0.039 | OrdinaryDividend |
Jun 22, 2023 | $0.035 | OrdinaryDividend |
Mar 22, 2023 | $0.031 | OrdinaryDividend |
Dec 16, 2022 | $1.662 | OrdinaryDividend |
Sep 22, 2022 | $0.045 | OrdinaryDividend |
Jun 22, 2022 | $0.010 | OrdinaryDividend |
Mar 22, 2022 | $0.028 | OrdinaryDividend |
Dec 17, 2021 | $4.971 | OrdinaryDividend |
Sep 22, 2021 | $0.047 | OrdinaryDividend |
Jun 22, 2021 | $0.009 | OrdinaryDividend |
Mar 22, 2021 | $0.046 | OrdinaryDividend |
Dec 18, 2020 | $0.195 | OrdinaryDividend |
Sep 22, 2020 | $0.052 | OrdinaryDividend |
Jun 22, 2020 | $0.046 | OrdinaryDividend |
Mar 20, 2020 | $0.067 | OrdinaryDividend |
Dec 19, 2019 | $0.058 | OrdinaryDividend |
Dec 19, 2019 | $0.044 | CapitalGainShortTerm |
Dec 19, 2019 | $0.626 | CapitalGainLongTerm |
Sep 20, 2019 | $0.051 | OrdinaryDividend |
Jun 21, 2019 | $0.046 | OrdinaryDividend |
Mar 22, 2019 | $0.049 | OrdinaryDividend |
Dec 21, 2018 | $0.048 | OrdinaryDividend |
Dec 21, 2018 | $0.055 | CapitalGainShortTerm |
Dec 21, 2018 | $0.819 | CapitalGainLongTerm |
Sep 21, 2018 | $0.042 | OrdinaryDividend |
Jun 22, 2018 | $0.025 | OrdinaryDividend |
Mar 22, 2018 | $0.045 | OrdinaryDividend |
Dec 22, 2017 | $0.043 | OrdinaryDividend |
Dec 22, 2017 | $0.214 | CapitalGainShortTerm |
Dec 22, 2017 | $0.304 | CapitalGainLongTerm |
Sep 22, 2017 | $0.019 | OrdinaryDividend |
Jun 22, 2017 | $0.045 | OrdinaryDividend |
Mar 22, 2017 | $0.035 | OrdinaryDividend |
Dec 22, 2016 | $0.037 | OrdinaryDividend |
Dec 22, 2016 | $0.087 | CapitalGainShortTerm |
Dec 22, 2016 | $0.072 | CapitalGainLongTerm |
Sep 22, 2016 | $0.035 | OrdinaryDividend |
Jun 22, 2016 | $0.041 | OrdinaryDividend |
Mar 22, 2016 | $0.036 | OrdinaryDividend |
Dec 22, 2015 | $0.047 | OrdinaryDividend |
Dec 22, 2015 | $0.243 | CapitalGainLongTerm |
Sep 22, 2015 | $0.039 | OrdinaryDividend |
Jun 22, 2015 | $0.037 | OrdinaryDividend |
Mar 20, 2015 | $0.028 | OrdinaryDividend |
Dec 22, 2014 | $0.026 | OrdinaryDividend |
Sep 22, 2014 | $0.030 | OrdinaryDividend |
Jun 20, 2014 | $0.026 | OrdinaryDividend |
Mar 21, 2014 | $0.033 | OrdinaryDividend |
Dec 20, 2013 | $0.020 | OrdinaryDividend |
Sep 20, 2013 | $0.036 | OrdinaryDividend |
Jun 21, 2013 | $0.025 | OrdinaryDividend |
Mar 22, 2013 | $0.028 | OrdinaryDividend |
Dec 21, 2012 | $0.080 | OrdinaryDividend |
Dec 22, 2011 | $0.114 | OrdinaryDividend |
Dec 22, 2010 | $0.110 | OrdinaryDividend |
Dec 22, 2009 | $0.130 | OrdinaryDividend |
Dec 22, 2008 | $0.177 | OrdinaryDividend |
Dec 21, 2007 | $0.183 | CapitalGainShortTerm |
Dec 21, 2007 | $0.467 | CapitalGainLongTerm |
Dec 21, 2007 | $0.137 | OrdinaryDividend |
Dec 21, 2006 | $0.075 | CapitalGainShortTerm |
Dec 21, 2006 | $0.149 | CapitalGainLongTerm |
Dec 21, 2006 | $0.099 | OrdinaryDividend |
Dec 22, 2004 | $0.363 | CapitalGainLongTerm |
Dec 22, 2004 | $0.007 | OrdinaryDividend |
Dec 22, 2003 | $0.027 | OrdinaryDividend |
Dec 20, 2002 | $0.059 | OrdinaryDividend |
DDVCX - Fund Manager Analysis
Managers
Robert Vogel
Start Date
Tenure
Tenure Rank
Jul 30, 2004
17.85
17.9%
Robert A. Vogel Jr. is a senior portfolio manager for the firm's Large-Cap Value team. Prior to joining Delaware Investments in 2004 as vice president and senior portfolio manager, he worked at Merrill Lynch Investment Managers for more than seven years, where he rose to the position of director and portfolio manager within the U.S. Active Large-Cap Value team. He began his career in 1992 as a financial consultant at Merrill Lynch. Vogel graduated from Loyola University Maryland, earning both bachelor's and master's degrees in finance. He also earned an MBA with a concentration in finance from The Wharton School of the University of Pennsylvania. Vogel is a member of the New York Society of Security Analysts, the CFA Institute, and the CFA Society of Philadelphia.
Nikhil Lalvani
Start Date
Tenure
Tenure Rank
Oct 02, 2006
15.67
15.7%
Nikhil G. Lalvani, CFA Vice President, Senior Portfolio Manager, Team Leader — Large-Cap Value Equity Nikhil G. Lalvani is a senior portfolio manager for the firm’s Large-Cap Value team and assumed the role of Team Leader in October 2018. At Macquarie Investment Management (MIM) Lalvani has worked as both a fundamental and quantitative analyst. Prior to joining the firm in 1997 as an account analyst, he was a research associate with Bloomberg. Lalvani holds a bachelor’s degree in finance from The Pennsylvania State University. He is a member of the CFA Institute and the CFA Society of Philadelphia.
Kristen Bartholdson
Start Date
Tenure
Tenure Rank
Dec 31, 2008
13.42
13.4%
Kristen E. Bartholdson is a senior portfolio manager for the firm’s US Large Cap Value Equity team. Prior to joining Macquarie Investment Management (MIM) in 2006 as an associate portfolio manager, she worked at Susquehanna International Group from 2004 to 2006, where she was an equity research salesperson. From 2000 to 2004, she worked in equity research at Credit Suisse, most recently as an associate analyst in investment strategy. Bartholdson earned her bachelor’s degree in economics from Princeton University.
Erin Ksenak
Start Date
Tenure
Tenure Rank
Dec 01, 2020
1.5
1.5%
Erin is a Portfolio Manager for Affinity Investment Advisors, LLC. Erin has 7 years of investment experience and in her capacity is responsible for making investment decisions for clients. Erin will be assisting in the development and management of Affinity’s International product. Erin’s previous work experience includes Research Analyst at Morgan Stanley Investment Management, Van Kampen, and Invesco Ltd. She was also a Senior Research Analyst at Echo Point Investment Management, and a Research Associate at Miller Investment Management. Erin graduated summa cum laude from Fordham University with a B.S. in Finance, and also graduated as valedictorian. She is a William G. McGowan Fellow, a member of The National Congress of American Indians, 100 Women in Hedge Funds, and the Women in Investment Network of Philadelphia.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 86.59 | 8.08 | 6.71 |