Delaware Opportunity Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.2%
1 yr return
18.5%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$597 M
Holdings in Top 10
19.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.89%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 38.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FIVCX - Profile
Distributions
- YTD Total Return 4.2%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.02%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameDelaware Opportunity Fund
-
Fund Family NameDelaware Funds by Macquarie
-
Inception DateMar 02, 2023
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund invests primarily in mid-size companies that the Manager believes offer attractive valuation and quality characteristics. The Fund invests primarily in US companies but may also invest in foreign companies that are listed in the US. Companies with attractive valuations are those that have a lower valuation than the company’s historical average valuation and a lower valuation than the company’s competitors. Companies with quality characteristics will make shareholder friendly use of its cash flow, which would include, but is not limited to: dividend payments or increases, share repurchases, and repayment of debt. The Fund also may invest in active or passive exchange-traded funds (ETFs) to gain exposure to such securities and up to 20% of its net assets in real estate investment trusts (REITs). The Fund may continue to hold stocks of companies that grow into larger companies and may also invest opportunistically in larger companies.
The Fund uses a “bottom-up” approach to selecting investments. The Fund uses fundamental research to search for companies that have one or more of the following: a strong balance sheet; experienced management; and stocks that are attractively priced. The Fund attempts to stay broadly diversified, but it may emphasize certain industry sectors based upon economic and market conditions.
The Fund may sell a stock if it becomes fully valued, its fundamentals have deteriorated, or alternative investments become more attractive. The Fund may also sell a stock if it grows into a large, well-established company, although it may also continue to hold such a stock irrespective of its size.
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.
FIVCX - Performance
Return Ranking - Trailing
Period | FIVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -5.3% | 7.2% | 0.13% |
1 Yr | 18.5% | -5.3% | 26.0% | 0.13% |
3 Yr | N/A* | -11.5% | 2.5% | N/A |
5 Yr | N/A* | -6.3% | 1101.7% | 1.64% |
10 Yr | N/A* | -0.5% | 248.1% | 1.60% |
* Annualized
Return Ranking - Calendar
Period | FIVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -1.4% | 41.0% | N/A |
2022 | N/A | -39.7% | 0.3% | N/A |
2021 | N/A | -5.6% | 6.9% | N/A |
2020 | N/A | -2.6% | 310.0% | N/A |
2019 | N/A | 0.0% | 26.0% | 85.29% |
Total Return Ranking - Trailing
Period | FIVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -5.3% | 7.2% | 0.13% |
1 Yr | 18.5% | -5.3% | 26.0% | 0.13% |
3 Yr | N/A* | -11.5% | 2.5% | N/A |
5 Yr | N/A* | -6.3% | 1101.7% | 1.60% |
10 Yr | N/A* | -0.5% | 248.1% | 1.60% |
* Annualized
Total Return Ranking - Calendar
Period | FIVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -1.3% | 41.0% | N/A |
2022 | N/A | -39.7% | 1.1% | N/A |
2021 | N/A | -4.8% | 23761504.0% | N/A |
2020 | N/A | -1.5% | 17057.9% | N/A |
2019 | N/A | 0.2% | 3514.6% | 84.26% |
NAV & Total Return History
FIVCX - Holdings
Concentration Analysis
FIVCX | Category Low | Category High | FIVCX % Rank | |
---|---|---|---|---|
Net Assets | 597 M | 3.22 M | 71.9 B | 41.84% |
Number of Holdings | 93 | 2 | 13067 | 87.70% |
Net Assets in Top 10 | 111 M | -317 M | 3.56 B | 38.90% |
Weighting of Top 10 | 18.97% | 2.0% | 100.4% | 44.49% |
Top 10 Holdings
- DR Horton Inc 2.47%
- WESCO International Inc 2.31%
- Regal Rexnord Corp 2.00%
- Marriott International Inc/MD 1.80%
- NRG Energy Inc 1.77%
- Quanta Services Inc 1.76%
- Hartford Financial Services Group Inc/The 1.75%
- Reinsurance Group of America Inc 1.73%
- Parker-Hannifin Corp 1.71%
- KBR Inc 1.67%
Asset Allocation
Weighting | Return Low | Return High | FIVCX % Rank | |
---|---|---|---|---|
Stocks | 99.13% | 0.00% | 99.81% | 0.58% |
Cash | 0.87% | -50.86% | 50.09% | 64.27% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 35.08% |
Other | 0.00% | -3.18% | 33.35% | 40.78% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 35.02% |
Bonds | 0.00% | 0.00% | 150.86% | 99.48% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FIVCX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 0.00% | N/A |
Technology | 0.00% | 0.00% | 0.00% | N/A |
Real Estate | 0.00% | 0.00% | 0.00% | N/A |
Industrials | 0.00% | 0.00% | 100.00% | N/A |
Healthcare | 0.00% | 0.00% | 0.00% | N/A |
Financial Services | 0.00% | 0.00% | 0.00% | N/A |
Energy | 0.00% | 0.00% | 0.00% | N/A |
Communication Services | 0.00% | 0.00% | 100.00% | N/A |
Consumer Defense | 0.00% | 0.00% | 0.00% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | N/A |
Basic Materials | 0.00% | 0.00% | 0.00% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FIVCX % Rank | |
---|---|---|---|---|
US | 99.13% | 0.00% | 99.81% | 0.58% |
Non US | 0.00% | 0.00% | 10.75% | 35.21% |
FIVCX - Expenses
Operational Fees
FIVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.89% | 0.01% | 20.65% | 2.72% |
Management Fee | 0.74% | 0.00% | 1.20% | 98.77% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 5.15% |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
FIVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
FIVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
FIVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 38.00% | 0.00% | 283.00% | 85.93% |
FIVCX - Distributions
Dividend Yield Analysis
FIVCX | Category Low | Category High | FIVCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.31% | 0.00% | 14.62% | 93.21% |
Dividend Distribution Analysis
FIVCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FIVCX | Category Low | Category High | FIVCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.02% | -0.53% | 5.33% | 6.48% |
Capital Gain Distribution Analysis
FIVCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 18, 2023 | $0.501 | OrdinaryDividend |
Dec 18, 2018 | $0.011 | ExtraDividend |
Dec 05, 2018 | $0.033 | DailyAccrualFund |
Nov 05, 2018 | $0.035 | DailyAccrualFund |
Sep 05, 2018 | $0.033 | DailyAccrualFund |
Aug 06, 2018 | $0.032 | DailyAccrualFund |
Jul 05, 2018 | $0.032 | DailyAccrualFund |
Jun 05, 2018 | $0.031 | DailyAccrualFund |
May 04, 2018 | $0.036 | DailyAccrualFund |
Apr 05, 2018 | $0.039 | DailyAccrualFund |
Mar 05, 2018 | $0.031 | DailyAccrualFund |
Feb 05, 2018 | $0.030 | DailyAccrualFund |
Jan 05, 2018 | $0.034 | DailyAccrualFund |
Dec 05, 2017 | $0.029 | DailyAccrualFund |
Nov 06, 2017 | $0.032 | DailyAccrualFund |
Oct 05, 2017 | $0.037 | DailyAccrualFund |
Sep 05, 2017 | $0.032 | DailyAccrualFund |
Aug 04, 2017 | $0.032 | DailyAccrualFund |
Jul 05, 2017 | $0.032 | DailyAccrualFund |
Jun 05, 2017 | $0.032 | DailyAccrualFund |
May 05, 2017 | $0.032 | DailyAccrualFund |
Apr 05, 2017 | $0.034 | DailyAccrualFund |
Mar 06, 2017 | $0.034 | DailyAccrualFund |
Feb 06, 2017 | $0.034 | DailyAccrualFund |
Jan 05, 2017 | $0.034 | DailyAccrualFund |
Dec 05, 2016 | $0.034 | DailyAccrualFund |
Nov 04, 2016 | $0.034 | DailyAccrualFund |
Oct 05, 2016 | $0.034 | DailyAccrualFund |
Sep 06, 2016 | $0.034 | DailyAccrualFund |
Aug 05, 2016 | $0.034 | DailyAccrualFund |
Jul 05, 2016 | $0.034 | DailyAccrualFund |
Jun 06, 2016 | $0.034 | DailyAccrualFund |
May 05, 2016 | $0.034 | DailyAccrualFund |
Apr 04, 2016 | $0.034 | DailyAccrualFund |
Mar 04, 2016 | $0.034 | DailyAccrualFund |
Feb 05, 2016 | $0.034 | DailyAccrualFund |
Jan 05, 2016 | $0.034 | DailyAccrualFund |
Dec 04, 2015 | $0.034 | DailyAccrualFund |
Nov 05, 2015 | $0.034 | DailyAccrualFund |
Oct 05, 2015 | $0.034 | DailyAccrualFund |
Sep 04, 2015 | $0.034 | DailyAccrualFund |
Aug 05, 2015 | $0.034 | DailyAccrualFund |
Jul 06, 2015 | $0.037 | DailyAccrualFund |
Jun 05, 2015 | $0.037 | DailyAccrualFund |
May 05, 2015 | $0.037 | DailyAccrualFund |
Apr 06, 2015 | $0.037 | DailyAccrualFund |
Mar 05, 2015 | $0.037 | DailyAccrualFund |
Feb 05, 2015 | $0.037 | DailyAccrualFund |
Jan 05, 2015 | $0.037 | DailyAccrualFund |
Dec 05, 2014 | $0.037 | DailyAccrualFund |
Nov 05, 2014 | $0.037 | DailyAccrualFund |
Oct 06, 2014 | $0.037 | DailyAccrualFund |
Sep 05, 2014 | $0.037 | DailyAccrualFund |
Aug 05, 2014 | $0.037 | DailyAccrualFund |
Jul 07, 2014 | $0.037 | DailyAccrualFund |
Jun 05, 2014 | $0.037 | DailyAccrualFund |
May 05, 2014 | $0.037 | DailyAccrualFund |
Apr 07, 2014 | $0.037 | DailyAccrualFund |
Mar 05, 2014 | $0.037 | DailyAccrualFund |
Feb 05, 2014 | $0.037 | DailyAccrualFund |
Jan 06, 2014 | $0.037 | DailyAccrualFund |
Dec 05, 2013 | $0.037 | DailyAccrualFund |
Nov 05, 2013 | $0.037 | DailyAccrualFund |
Oct 04, 2013 | $0.037 | DailyAccrualFund |
Sep 05, 2013 | $0.037 | DailyAccrualFund |