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Trending ETFs

Name

As of 11/05/2024

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

$7.53

$207 M

6.26%

$0.47

0.95%

Vitals

YTD Return

6.3%

1 yr return

12.3%

3 Yr Avg Return

1.2%

5 Yr Avg Return

3.3%

Net Assets

$207 M

Holdings in Top 10

16.7%

52 WEEK LOW AND HIGH

$7.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.95%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 89.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/05/2024

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

$7.53

$207 M

6.26%

$0.47

0.95%

DUGIX - Profile

Distributions

  • YTD Total Return 6.3%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return 3.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.79%
DIVIDENDS
  • Dividend Yield 6.3%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Delaware Strategic Income Fund
  • Fund Family Name
    Delaware Funds by Macquarie
  • Inception Date
    Mar 25, 1997
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    J. Hillmeyer

Fund Description

Under normal circumstances, the Manager will invest at least 80% of the Fund’s net assets, plus the amount of any borrowings for investment purposes, in US and foreign debt securities, including those in emerging markets (80% policy). Debt securities include all varieties of fixed, variable and floating rate income securities, including bonds, US and foreign government and agency securities, corporate loans (and loan participations), and mortgage-backed securities and other asset-backed securities. To achieve the Fund's investment objective, the Manager will allocate investments among various sectors of debt securities and at any given time may have a substantial amount of its assets invested in any class of debt security.

In addition, the Manager may seek investment advice and recommendations from its affiliates: Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), Macquarie Investment Management Europe Limited (MIMEL), and Macquarie Investment Management Global Limited (MIMGL) (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 the Manager believes it will be beneficial to utilize an Affiliated Sub-Advisor's specialized market knowledge.

The Fund may invest up to 100% of its net assets in high yield, lower-quality debt securities (also known as junk bonds).

The Fund may invest up to 100% of its net assets in foreign securities, including emerging markets securities. The Fund’s total non-US dollar currency exposure may reach 100% of net assets. Due to the manner in which the Fund is managed, it may be subject to a high rate of portfolio turnover.

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, andpending investment. The Fund may also use a wide range of derivatives instruments, typically including forward foreign currency contracts, options, futures contracts, options on futures contracts, and swaps. The Fund may 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 affect diversification.

The 80% policy is nonfundamental and may be changed without shareholder approval. Fund shareholders would be given at least 60 days’ notice prior to any such change.

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DUGIX - Performance

Return Ranking - Trailing

Period DUGIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -10.6% 16.9% 32.67%
1 Yr 12.3% -7.3% 23.8% 17.57%
3 Yr 1.2%* -17.1% 16.0% 43.92%
5 Yr 3.3%* -14.7% 14.0% 23.38%
10 Yr 3.0%* -7.2% 6.7% 33.61%

* Annualized

Return Ranking - Calendar

Period DUGIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.0% -12.0% 8.9% 26.50%
2022 -14.4% -31.8% 18.4% 63.67%
2021 -2.7% -16.2% 25.7% 72.06%
2020 5.5% -31.1% 18.7% 11.90%
2019 7.3% -6.1% 15.3% 16.70%

Total Return Ranking - Trailing

Period DUGIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -10.6% 16.9% 32.67%
1 Yr 12.3% -7.3% 23.8% 17.57%
3 Yr 1.2%* -17.1% 16.0% 43.92%
5 Yr 3.3%* -14.7% 14.0% 23.38%
10 Yr 3.0%* -7.2% 6.7% 33.61%

* Annualized

Total Return Ranking - Calendar

Period DUGIX Return Category Return Low Category Return High Rank in Category (%)
2023 10.2% -6.9% 22.2% 19.11%
2022 -10.0% -31.8% 21.1% 59.08%
2021 1.6% -13.5% 49.9% 58.99%
2020 10.0% -28.6% 24.1% 7.46%
2019 12.2% -4.8% 19.1% 13.24%

NAV & Total Return History


DUGIX - Holdings

Concentration Analysis

DUGIX Category Low Category High DUGIX % Rank
Net Assets 207 M 2.53 M 143 B 73.17%
Number of Holdings 260 4 9195 68.43%
Net Assets in Top 10 37.4 M -204 M 80.4 B 81.49%
Weighting of Top 10 16.65% 5.8% 265.8% 76.49%

Top 10 Holdings

  1. Connecticut Avenue Securities Trust 2023-R07 2.34%
  2. BlackRock Liquidity FedFund 2.29%
  3. Fidelity Government Portfolio 2.29%
  4. MSILF Government Portfolio 2.29%
  5. Goldman Sachs Financial Square Government Fund 2.29%
  6. Connecticut Avenue Securities Trust 2023-R08 1.15%
  7. Sealed Air Corp 1.01%
  8. PEER HOLDING III BV 1.01%
  9. IRON MOUNTAIN INC 0.99%
  10. TRANS UNION LLC6/06/2031 0.99%

Asset Allocation

Weighting Return Low Return High DUGIX % Rank
Bonds
97.47% 0.00% 199.60% 25.97%
Cash
9.16% -94.66% 91.07% 21.00%
Convertible Bonds
3.33% 0.00% 33.50% 28.59%
Stocks
1.38% -6.18% 99.66% 37.79%
Other
0.42% -73.61% 147.15% 68.58%
Preferred Stocks
0.01% 0.00% 26.42% 40.12%

Stock Sector Breakdown

Weighting Return Low Return High DUGIX % Rank
Utilities
0.00% 0.00% 100.00% 23.59%
Technology
0.00% 0.00% 28.30% 75.08%
Real Estate
0.00% 0.00% 100.00% 73.42%
Industrials
0.00% 0.00% 100.00% 78.07%
Healthcare
0.00% 0.00% 18.60% 78.41%
Financial Services
0.00% 0.00% 100.00% 80.73%
Energy
0.00% 0.00% 100.00% 80.07%
Communication Services
0.00% 0.00% 100.00% 77.74%
Consumer Defense
0.00% 0.00% 99.97% 73.75%
Consumer Cyclical
0.00% 0.00% 89.95% 79.40%
Basic Materials
0.00% 0.00% 100.00% 75.75%

Stock Geographic Breakdown

Weighting Return Low Return High DUGIX % Rank
US
0.91% -6.18% 99.66% 37.79%
Non US
0.48% -0.26% 17.73% 6.38%

Bond Sector Breakdown

Weighting Return Low Return High DUGIX % Rank
Corporate
57.20% 0.00% 96.66% 25.68%
Securitized
20.23% 0.00% 99.65% 44.78%
Government
12.38% 0.00% 99.43% 45.59%
Cash & Equivalents
9.16% 0.00% 88.00% 19.03%
Municipal
1.04% 0.00% 54.26% 14.93%
Derivative
0.41% -73.61% 147.15% 24.49%

Bond Geographic Breakdown

Weighting Return Low Return High DUGIX % Rank
US
94.23% 0.00% 199.60% 22.86%
Non US
3.23% 0.00% 74.14% 46.19%

DUGIX - Expenses

Operational Fees

DUGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.95% 0.03% 20.67% 64.19%
Management Fee 0.55% 0.00% 2.29% 37.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.70% N/A

Sales Fees

DUGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 1.50% N/A

Trading Fees

DUGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

DUGIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 89.00% 0.00% 632.00% 58.27%

DUGIX - Distributions

Dividend Yield Analysis

DUGIX Category Low Category High DUGIX % Rank
Dividend Yield 6.26% 0.00% 23.30% 40.52%

Dividend Distribution Analysis

DUGIX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Monthly

Net Income Ratio Analysis

DUGIX Category Low Category High DUGIX % Rank
Net Income Ratio 3.79% -1.55% 11.51% 22.27%

Capital Gain Distribution Analysis

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

Distributions History

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DUGIX - Fund Manager Analysis

Managers

J. Hillmeyer


Start Date

Tenure

Tenure Rank

Nov 28, 2011

10.51

10.5%

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 28.19 5.71 3.19