DELAWARE DIVERSIFIED INCOME FUND
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.9%
1 yr return
8.5%
3 Yr Avg Return
-2.5%
5 Yr Avg Return
0.4%
Net Assets
$3.28 B
Holdings in Top 10
14.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.87%
SALES FEES
Front Load 4.50%
Deferred Load N/A
TRADING FEES
Turnover 198.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DPDFX - Profile
Distributions
- YTD Total Return 1.9%
- 3 Yr Annualized Total Return -2.5%
- 5 Yr Annualized Total Return 0.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.04%
- Dividend Yield 4.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDELAWARE DIVERSIFIED INCOME FUND
-
Fund Family NameDelaware Funds by Macquarie
-
Inception DateOct 14, 1998
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJ. Hillmeyer
Fund Description
The Fund allocates its investments principally among the following four sectors of the fixed income securities markets: the US investment grade sector, the US high yield sector, the international developed markets sector, and the emerging markets sector. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities (80% policy). The Fund’s investment manager, Delaware Management Company (Manager), will determine how much of the Fund’s assets to allocate to each of the four sectors, based on its evaluation of economic and market conditions, and its assessment of the returns and potential for appreciation that can be achieved from investments in each of the four sectors. The Manager will periodically reallocate the Fund’s assets as deemed necessary. In addition, the Manager may seek investment advice and recommendations from its affiliates: Macquarie Investment Management Europe Limited, Macquarie Investment Management Austria Kapitalanlage AG, and Macquarie Investment Management Global Limited (together, the “Affiliated Sub-Advisors”). The Manager may also permit these Affiliated Sub-Advisors to execute Fund security trades on behalf of the Manager and exercise investment discretion for securities in certain markets where DMC believes it will be beneficial to utilize an Affiliated Sub-Advisor’s specialized market knowledge.
Under normal circumstances, between 5% and 35% of the Fund’s net assets will be allocated to the US high yield sector. The Fund’s investments in emerging markets will, in the aggregate, be limited to no more than 20% of the Fund’s net assets. The Fund will limit its investments in foreign securities to between 5% and 40% of its net assets and will seek to hedge its foreign currency exposure, which will be limited to 20% of the Fund’s net assets, by entering into forward foreign currency contracts.
The Fund may hold a substantial portion of its assets in cash or short-term fixed income obligations in unusual market conditions to meet redemption requests, for temporary defensive purposes, and pending investment. The Fund may invest in mortgage-backed securities and other asset-backed securities. The Fund may also use a wide range of derivatives instruments, typically including options, futures contracts, options on futures contracts, and swaps. The Fund will use derivatives for both hedging and nonhedging purposes. For example, the Fund may invest in: futures and options to manage duration and for defensive purposes, such as to protect gains or hedge against potential losses in the portfolio without actually selling a security, or to stay fully invested; forward foreign currency contracts to manage foreign currency exposure; interest rate swaps to neutralize the impact of interest rate changes; credit default swaps to hedge against a credit event, to gain exposure to certain securities or markets, or to enhance total return; and index swaps to enhance return or to effect diversification. The Fund will not use derivatives for reasons inconsistent with its investment objective.
The Fund’s 80% policy is nonfundamental and may be changed without shareholder approval. However, Fund shareholders would be given at least 60 days’ notice prior to any such change.
DPDFX - Performance
Return Ranking - Trailing
Period | DPDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -5.7% | 10.9% | 49.54% |
1 Yr | 8.5% | -1.1% | 18.8% | 30.81% |
3 Yr | -2.5%* | -10.0% | 27.4% | 49.52% |
5 Yr | 0.4%* | -7.5% | 58.4% | 28.73% |
10 Yr | 1.7%* | -2.8% | 73.8% | 30.87% |
* Annualized
Return Ranking - Calendar
Period | DPDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.3% | -16.2% | 8.1% | 40.31% |
2022 | -16.8% | -34.7% | 131.9% | 72.93% |
2021 | -4.2% | -11.6% | 4.4% | 83.88% |
2020 | 7.4% | -10.1% | 946.1% | 10.77% |
2019 | 7.2% | -1.7% | 16.9% | 6.86% |
Total Return Ranking - Trailing
Period | DPDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -5.7% | 10.9% | 49.54% |
1 Yr | 8.5% | -1.1% | 18.8% | 30.81% |
3 Yr | -2.5%* | -10.0% | 27.4% | 49.52% |
5 Yr | 0.4%* | -7.5% | 58.4% | 28.73% |
10 Yr | 1.7%* | -2.8% | 73.8% | 30.87% |
* Annualized
Total Return Ranking - Calendar
Period | DPDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.8% | -11.3% | 11.9% | 24.92% |
2022 | -13.8% | -32.2% | 131.9% | 56.24% |
2021 | -1.0% | -9.4% | 9.2% | 48.68% |
2020 | 10.6% | -1.9% | 1009.0% | 12.59% |
2019 | 10.8% | 1.1% | 21668.0% | 7.33% |
NAV & Total Return History
DPDFX - Holdings
Concentration Analysis
DPDFX | Category Low | Category High | DPDFX % Rank | |
---|---|---|---|---|
Net Assets | 3.28 B | 2.9 M | 314 B | 33.74% |
Number of Holdings | 952 | 1 | 17787 | 42.93% |
Net Assets in Top 10 | 481 M | 1.62 M | 35.1 B | 46.41% |
Weighting of Top 10 | 14.56% | 4.4% | 432.9% | 80.35% |
Top 10 Holdings
- United States Treasury Note/Bond - When Issued 3.52%
- United States Treasury Note/Bond 2.25%
- United States Treasury Note/Bond 1.90%
- United States Treasury Note/Bond 1.44%
- Freddie Mac Pool 1.07%
- United States Treasury Note/Bond 0.92%
- United States Treasury Note/Bond 0.92%
- United States Treasury Note/Bond 0.89%
- Fannie Mae Pool 0.85%
- Freddie Mac Pool 0.80%
Asset Allocation
Weighting | Return Low | Return High | DPDFX % Rank | |
---|---|---|---|---|
Bonds | 94.50% | 0.00% | 993.61% | 52.35% |
Other | 3.96% | -16.55% | 52.94% | 52.46% |
Convertible Bonds | 1.97% | 0.00% | 7.93% | 31.89% |
Cash | 1.92% | -54.51% | 237.69% | 57.99% |
Stocks | 0.09% | 0.00% | 99.99% | 20.35% |
Preferred Stocks | 0.00% | 0.00% | 71.02% | 89.75% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DPDFX % Rank | |
---|---|---|---|---|
Corporate | 50.13% | 0.00% | 100.00% | 9.91% |
Securitized | 35.13% | 0.00% | 98.40% | 32.30% |
Government | 9.32% | 0.00% | 86.23% | 87.62% |
Cash & Equivalents | 1.92% | -0.46% | 237.69% | 56.05% |
Municipal | 0.87% | 0.00% | 100.00% | 30.03% |
Derivative | 0.02% | -1.58% | 44.82% | 49.28% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DPDFX % Rank | |
---|---|---|---|---|
US | 93.74% | 0.00% | 993.61% | 52.15% |
Non US | 0.76% | 0.00% | 30.95% | 28.38% |
DPDFX - Expenses
Operational Fees
DPDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.87% | 0.01% | 39.64% | 34.74% |
Management Fee | 0.47% | 0.00% | 1.76% | 85.09% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 57.39% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
DPDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.50% | 2.00% | 5.75% | 15.56% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
DPDFX 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.
DPDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 198.00% | 2.00% | 493.39% | 69.26% |
DPDFX - Distributions
Dividend Yield Analysis
DPDFX | Category Low | Category High | DPDFX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.33% | 0.00% | 10.11% | 74.44% |
Dividend Distribution Analysis
DPDFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
DPDFX | Category Low | Category High | DPDFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.04% | -1.28% | 4.79% | 29.16% |
Capital Gain Distribution Analysis
DPDFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.027 | OrdinaryDividend |
Aug 30, 2024 | $0.025 | OrdinaryDividend |
Jul 31, 2024 | $0.025 | OrdinaryDividend |
Apr 30, 2024 | $0.025 | OrdinaryDividend |
Mar 28, 2024 | $0.025 | OrdinaryDividend |
Feb 29, 2024 | $0.024 | OrdinaryDividend |
Jan 31, 2024 | $0.025 | OrdinaryDividend |
Dec 29, 2023 | $0.025 | OrdinaryDividend |
Nov 30, 2023 | $0.024 | OrdinaryDividend |
Oct 31, 2023 | $0.025 | OrdinaryDividend |
Sep 29, 2023 | $0.024 | OrdinaryDividend |
Aug 31, 2023 | $0.025 | OrdinaryDividend |
Jul 31, 2023 | $0.027 | OrdinaryDividend |
Jun 30, 2023 | $0.026 | OrdinaryDividend |
May 31, 2023 | $0.026 | OrdinaryDividend |
Apr 28, 2023 | $0.025 | OrdinaryDividend |
Mar 31, 2023 | $0.025 | OrdinaryDividend |
Feb 28, 2023 | $0.023 | OrdinaryDividend |
Jan 31, 2023 | $0.025 | OrdinaryDividend |
Dec 30, 2022 | $0.025 | OrdinaryDividend |
Nov 30, 2022 | $0.025 | OrdinaryDividend |
Oct 31, 2022 | $0.000 | ReturnOfCapital |
Oct 31, 2022 | $0.024 | OrdinaryDividend |
Sep 30, 2022 | $0.000 | ReturnOfCapital |
Sep 30, 2022 | $0.023 | OrdinaryDividend |
Aug 31, 2022 | $0.000 | ReturnOfCapital |
Aug 31, 2022 | $0.023 | OrdinaryDividend |
Jul 29, 2022 | $0.000 | ReturnOfCapital |
Jul 29, 2022 | $0.023 | OrdinaryDividend |
Jun 30, 2022 | $0.000 | ReturnOfCapital |
Jun 30, 2022 | $0.021 | OrdinaryDividend |
May 31, 2022 | $0.000 | ReturnOfCapital |
May 31, 2022 | $0.021 | OrdinaryDividend |
Apr 29, 2022 | $0.000 | ReturnOfCapital |
Apr 29, 2022 | $0.021 | OrdinaryDividend |
Mar 31, 2022 | $0.000 | ReturnOfCapital |
Mar 31, 2022 | $0.020 | OrdinaryDividend |
Feb 28, 2022 | $0.000 | ReturnOfCapital |
Feb 28, 2022 | $0.018 | OrdinaryDividend |
Jan 31, 2022 | $0.000 | ReturnOfCapital |
Jan 31, 2022 | $0.018 | OrdinaryDividend |
Dec 31, 2021 | $0.018 | OrdinaryDividend |
Dec 15, 2021 | $0.011 | CapitalGainShortTerm |
Dec 15, 2021 | $0.051 | CapitalGainLongTerm |
Nov 30, 2021 | $0.018 | OrdinaryDividend |
Oct 29, 2021 | $0.018 | OrdinaryDividend |
Sep 30, 2021 | $0.018 | OrdinaryDividend |
Aug 31, 2021 | $0.018 | OrdinaryDividend |
Jul 30, 2021 | $0.019 | OrdinaryDividend |
Jun 30, 2021 | $0.018 | OrdinaryDividend |
May 28, 2021 | $0.019 | OrdinaryDividend |
Apr 30, 2021 | $0.021 | OrdinaryDividend |
Mar 31, 2021 | $0.021 | OrdinaryDividend |
Feb 26, 2021 | $0.019 | OrdinaryDividend |
Jan 29, 2021 | $0.020 | OrdinaryDividend |
Dec 31, 2020 | $0.021 | OrdinaryDividend |
Dec 18, 2020 | $0.004 | CapitalGainShortTerm |
Nov 30, 2020 | $0.021 | OrdinaryDividend |
Oct 30, 2020 | $0.029 | OrdinaryDividend |
Sep 22, 2020 | $0.022 | OrdinaryDividend |
Aug 21, 2020 | $0.022 | OrdinaryDividend |
Jul 22, 2020 | $0.021 | OrdinaryDividend |
Jun 22, 2020 | $0.018 | OrdinaryDividend |
May 22, 2020 | $0.023 | OrdinaryDividend |
Apr 22, 2020 | $0.024 | OrdinaryDividend |
Mar 20, 2020 | $0.021 | OrdinaryDividend |
Feb 21, 2020 | $0.024 | OrdinaryDividend |
Jan 22, 2020 | $0.023 | OrdinaryDividend |
Dec 20, 2019 | $0.020 | OrdinaryDividend |
Nov 22, 2019 | $0.023 | OrdinaryDividend |
Oct 22, 2019 | $0.024 | OrdinaryDividend |
Sep 20, 2019 | $0.023 | OrdinaryDividend |
Aug 22, 2019 | $0.023 | OrdinaryDividend |
Jul 22, 2019 | $0.022 | OrdinaryDividend |
Dec 22, 2014 | $0.032 | CapitalGainLongTerm |
Dec 21, 2012 | $0.053 | CapitalGainShortTerm |
Dec 21, 2012 | $0.037 | CapitalGainLongTerm |
Dec 22, 2011 | $0.102 | CapitalGainShortTerm |
Dec 22, 2011 | $0.132 | CapitalGainLongTerm |
Dec 22, 2010 | $0.251 | CapitalGainShortTerm |
Dec 22, 2010 | $0.116 | CapitalGainLongTerm |
Dec 22, 2008 | $0.113 | ExtraDividend |
Dec 21, 2007 | $0.072 | CapitalGainShortTerm |
Dec 21, 2007 | $0.009 | CapitalGainLongTerm |
Dec 21, 2007 | $0.055 | ExtraDividend |
Dec 22, 2004 | $0.078 | CapitalGainShortTerm |
Dec 22, 2004 | $0.014 | CapitalGainLongTerm |
Dec 22, 2004 | $0.032 | OrdinaryDividend |
Nov 22, 2004 | $0.033 | OrdinaryDividend |
Oct 22, 2004 | $0.034 | OrdinaryDividend |
Sep 22, 2004 | $0.036 | OrdinaryDividend |
Aug 20, 2004 | $0.036 | OrdinaryDividend |
Jul 22, 2004 | $0.034 | OrdinaryDividend |
Jun 22, 2004 | $0.036 | OrdinaryDividend |
May 21, 2004 | $0.037 | OrdinaryDividend |
Apr 22, 2004 | $0.038 | OrdinaryDividend |
Mar 22, 2004 | $0.034 | OrdinaryDividend |
Feb 20, 2004 | $0.037 | OrdinaryDividend |
Jan 22, 2004 | $0.037 | OrdinaryDividend |
Dec 22, 2003 | $0.040 | OrdinaryDividend |
Dec 08, 2003 | $0.043 | CapitalGainShortTerm |
Dec 08, 2003 | $0.010 | CapitalGainLongTerm |
Nov 21, 2003 | $0.034 | OrdinaryDividend |
Oct 22, 2003 | $0.032 | OrdinaryDividend |
Sep 22, 2003 | $0.035 | OrdinaryDividend |
Aug 22, 2003 | $0.034 | OrdinaryDividend |
Jul 22, 2003 | $0.033 | OrdinaryDividend |
Jun 20, 2003 | $0.036 | OrdinaryDividend |
May 22, 2003 | $0.032 | OrdinaryDividend |
Apr 22, 2003 | $0.036 | OrdinaryDividend |
Mar 21, 2003 | $0.028 | OrdinaryDividend |
Feb 21, 2003 | $0.032 | OrdinaryDividend |
Jan 22, 2003 | $0.031 | OrdinaryDividend |
Dec 20, 2002 | $0.131 | CapitalGainShortTerm |
Dec 20, 2002 | $0.143 | CapitalGainLongTerm |
Dec 20, 2002 | $0.934 | OrdinaryDividend |
Dec 14, 2001 | $0.270 | CapitalGainShortTerm |
Dec 14, 2001 | $0.176 | CapitalGainLongTerm |
Dec 14, 2001 | $0.477 | OrdinaryDividend |
Dec 15, 2000 | $0.361 | OrdinaryDividend |
Dec 15, 2000 | $0.025 | CapitalGainLongTerm |
Dec 17, 1999 | $0.555 | OrdinaryDividend |
Dec 18, 1998 | $0.650 | OrdinaryDividend |
Dec 18, 1998 | $0.340 | CapitalGainShortTerm |
DPDFX - Fund Manager Analysis
Managers
J. Hillmeyer
Start Date
Tenure
Tenure Rank
Feb 28, 2011
11.26
11.3%
J. David Hillmeyer is head of multisector/global fixed income in the Americas. He is co-portfolio manager for the fixed rate diversified multisector, core plus, and investment grade corporate bond strategies. Prior to joining Delaware Investments in August 2007 as a vice president and corporate bond trader, he worked for more than 11 years in various roles at Hartford Investment Management Company, including senior corporate bond trader, high yield portfolio manager / trader, and quantitative analyst. He began his career as an investment advisor in January 1989 at Shawmut Bank, leaving the firm as an investment officer in November 1995. Hillmeyer earned his bachelor’s degree from Colorado State University, and he is a member of the CFA Society of Philadelphia and the Philadelphia Council for Business Economics.
Daniela Mardarovici
Start Date
Tenure
Tenure Rank
Mar 19, 2019
3.2
3.2%
Ms. Mardarovici joined Macquarie Investment Management (MIM) in March 2019 as Senior Vice President and co-head of the firm’s multisector and core plus strategies. Prior to joining the firm, she spent more than 13 years at BMO Global Asset Management as a senior portfolio manager. Since 2014, she was a member of the management committee of TCH, BMO’s US fixed income group, and helped lead business strategy and development efforts. Mardarovici was also responsible for driving investment strategy and managing institutional portfolios and mutual funds across a wide spectrum of strategies,
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.79 | 1.16 |