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Trending ETFs

Name

As of 07/22/2022

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

$1.00

$256 M

0.00%

$0.00

0.59%

Vitals

YTD Return

0.0%

1 yr return

0.0%

3 Yr Avg Return

0.5%

5 Yr Avg Return

0.8%

Net Assets

$256 M

Holdings in Top 10

50.6%

52 WEEK LOW AND HIGH

$1.0
$1.00
$1.00

Expenses

OPERATING FEES

Expense Ratio 0.59%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 0.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$750

IRA

N/A


Fund Classification

Fund Type

Money Market Fund


Name

As of 07/22/2022

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

$1.00

$256 M

0.00%

$0.00

0.59%

IAAXX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return 0.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Delaware Ivy Cash Management Fund
  • Fund Family Name
    Delaware Funds by Macquarie
  • Inception Date
    Aug 23, 1979
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Stephen Juszczyszyn

Fund Description

Delaware Ivy Cash Management Fund seeks to achieve its objective by investing in U.S. dollar-denominated, high-quality money market obligations and instruments. The Fund seeks, as well, to maintain a NAV of $1.00 per share. The Fund maintains a dollar-weighted average maturity of 60 calendar days or less, and the Fund invests only in securities with a remaining maturity of not more than 397 calendar days.

Delaware Management Company (Manager), the Fund’s investment manager, may look at a number of factors in selecting securities for the Fund’s portfolio. These may include the credit quality of the particular issuer or guarantor of the security, along with the liquidity, maturity and yield, as well as the industry and/or sector of the issuer of the security. The Manager also must select securities for the Fund in compliance with the maturity, quality, liquidity and diversification requirements of Rule 2a-7 under the Investment Company Act of 1940, as amended (Rule 2a-7) that apply to money market funds.

Generally, in determining whether to sell a security, the Manager uses the same type of analysis that it uses when buying securities to determine whether the security no longer offers adequate return or complies with Rule 2a-7. The Manager also may sell a security to reduce the Fund’s holding in that security, to take advantage of what it believes are more attractive investment opportunities or to raise cash.

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IAAXX - Performance

Return Ranking - Trailing

Period IAAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 7.34%
1 Yr 0.0% -0.1% 0.2% 67.50%
3 Yr 0.5%* 0.0% 0.7% 70.81%
5 Yr 0.8%* 0.0% 1.2% 76.27%
10 Yr 0.4%* 0.0% 0.7% 77.46%

* Annualized

Return Ranking - Calendar

Period IAAXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.0% 7.14%
2022 0.0% 0.0% 0.0% 8.33%
2021 0.0% 0.0% 0.0% 7.91%
2020 N/A 0.0% 0.0% N/A
2019 N/A 0.0% 0.0% N/A

Total Return Ranking - Trailing

Period IAAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 7.34%
1 Yr -1.0% -5.0% 0.2% 96.00%
3 Yr 0.5%* -0.5% 0.7% 70.27%
5 Yr 0.8%* 0.0% 1.2% 75.71%
10 Yr 0.4%* 0.0% 0.7% 77.46%

* Annualized

Total Return Ranking - Calendar

Period IAAXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.0% 7.14%
2022 0.0% 0.0% 0.0% 8.33%
2021 0.0% 0.0% 0.0% 7.91%
2020 N/A 0.0% 0.0% N/A
2019 N/A 0.0% 0.0% N/A

NAV & Total Return History


IAAXX - Holdings

Concentration Analysis

IAAXX Category Low Category High IAAXX % Rank
Net Assets 256 M 6.68 M 72.2 B 96.57%
Number of Holdings 37 1 345 85.78%
Net Assets in Top 10 139 M 5 M 23.5 B 96.08%
Weighting of Top 10 50.59% 14.2% 100.0% 14.71%

Top 10 Holdings

  1. Overseas Private Investment Corporation 0.38% 8.27%
  2. Overseas Private Investment Corporation 0.09% 8.04%
  3. Overseas Private Investment Corporation 0.39% 7.83%
  4. Net Magan Two LLC 0.7% 5.54%
  5. Northern Illinois Gas Company 0.08% 5.09%
  6. Rockwell Automation, Inc. 0.07% 5.00%
  7. Unilever Capital Corporation 0.05% 4.98%
  8. Wisconsin Electric Power Company 0.1% 4.74%
  9. Stanley Black & Decker, Inc. 0% 4.61%
  10. BMW US Capital, LLC 0.06% 4.61%

Asset Allocation

Weighting Return Low Return High IAAXX % Rank
Cash
75.34% 65.54% 100.00% 90.20%
Bonds
24.66% 0.00% 34.34% 10.78%
Stocks
0.00% 0.00% 0.00% 8.82%
Preferred Stocks
0.00% 0.00% 1.01% 15.20%
Other
0.00% 0.00% 0.00% 8.82%
Convertible Bonds
0.00% 0.00% 13.25% 34.80%

Bond Sector Breakdown

Weighting Return Low Return High IAAXX % Rank
Cash & Equivalents
75.34% 65.97% 100.00% 90.20%
Government
16.10% 0.00% 30.63% 5.39%
Corporate
6.88% 0.00% 14.24% 6.37%
Municipal
1.68% 0.00% 22.50% 52.94%
Derivative
0.00% 0.00% 0.00% 8.82%
Securitized
0.00% 0.00% 0.98% 10.29%

Bond Geographic Breakdown

Weighting Return Low Return High IAAXX % Rank
US
24.66% 0.00% 34.22% 9.31%
Non US
0.00% 0.00% 2.90% 31.37%

IAAXX - Expenses

Operational Fees

IAAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.10% 1.81% 23.04%
Management Fee 0.33% 0.05% 0.57% 90.20%
12b-1 Fee 0.00% 0.00% 1.00% 1.30%
Administrative Fee N/A 0.03% 0.55% N/A

Sales Fees

IAAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A 25.00%
Deferred Load 1.00% 1.00% 5.00% 30.77%

Trading Fees

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

IAAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 212.00% 18.75%

IAAXX - Distributions

Dividend Yield Analysis

IAAXX Category Low Category High IAAXX % Rank
Dividend Yield 0.00% 0.00% 0.28% 45.59%

Dividend Distribution Analysis

IAAXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

IAAXX Category Low Category High IAAXX % Rank
Net Income Ratio 0.01% -1.14% 1.00% 47.42%

Capital Gain Distribution Analysis

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

Distributions History

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IAAXX - Fund Manager Analysis

Managers

Stephen Juszczyszyn


Start Date

Tenure

Tenure Rank

Nov 15, 2021

0.54

0.5%

Stephen M. Juszczyszyn Managing Director, Senior Portfolio Manager Stephen M. Juszczyszyn is a senior portfolio manager for Macquarie Investment Management Fixed Income (MFI), with primary responsibility for portfolio construction and asset allocation of structured products strategies. He is responsible for research analysis, trading, and portfolio management for MFI’s structured products including mortgage-backed securities (MBS), commercial mortgage-backed securities (CMBS), and asset-backed securities (ABS) across all core, core plus, multi-sector, limited-term, and insurance strategies. He became head of structured products in February 2019. Juszczyszyn has more than 25 years of experience as a fixed income portfolio manager, trader, and analyst specializing in structured products and has been with the firm for more than 20 years. He rejoined Macquarie Investment Management in March 2007 as a vice president and senior structured products analyst / trader and previously worked at the firm from 1991 to 2001, leaving as a senior fixed income trader and assistant portfolio manager. Prior to rejoining the firm, he worked at Sovereign Bank Capital Markets as the director of fixed income trading. He earned his bachelor’s degree in finance from La Salle University and an MBA with a concentration in finance from Saint Joseph’s University.

Kathleen Burst


Start Date

Tenure

Tenure Rank

Nov 15, 2021

0.54

0.5%

Kathleen Burst is a member of Delaware Management Company's taxable fixed income portfolio management team, a role she assumed in June 2019. She is primarily responsible for short-term investments. Additionally, her responsibilities include executing trade strategies for the firm’s short-term trading desk, a role she has held since 1994. Previously, she spent seven years in the firm’s investment accounting and dealer services departments. She earned a bachelor’s degree in accounting and management from La Salle University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 41.58 16.47 18.34