Delaware Ivy ProShrsRusl2000DivGrwrIdxI
Name
As of 07/22/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$5.25
$26.2 M
1.68%
$0.09
0.65%
Vitals
YTD Return
-54.8%
1 yr return
-5.1%
3 Yr Avg Return
5.1%
5 Yr Avg Return
5.1%
Net Assets
$26.2 M
Holdings in Top 10
12.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 56.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 07/22/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$5.25
$26.2 M
1.68%
$0.09
0.65%
IRUIX - Profile
Distributions
- YTD Total Return -54.8%
- 3 Yr Annualized Total Return 5.1%
- 5 Yr Annualized Total Return 5.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.88%
- Dividend Yield 1.7%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameDelaware Ivy ProShares Russell 2000 Dividend Growers Index Fund
-
Fund Family NameDelaware Funds by Macquarie
-
Inception DateApr 20, 2017
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Neches
Fund Description
Delaware Ivy ProShares Russell 2000 Dividend Growers Index Fund seeks to achieve its objective by investing all, or substantially all, of its assets in the types of securities that should track the performance of the Index.
The Index, which is constructed and maintained by FTSE International Limited (Index Provider), is designed to represent the performance of small- and medium-capitalization companies within the Russell 2000® Index that consistently increase dividends. Companies are eligible for inclusion in the Index if they: (i) currently are members of the Russell 2000® Index, (ii) have increased dividend payments each year for at least 10 consecutive years, and (iii) meet certain market capitalization and liquidity requirements (Initial Index Requirements) established by the Index Provider. The Index contains a minimum of 40 stocks, which are equally weighted, and no single sector is allowed to comprise more than 30% of the Index weight. The Index includes all companies meeting the Initial Index Requirements, unless, as described below, sector caps are breached. If there are fewer than 40 stocks with at least 10 consecutive years of dividend growth, the Index will include companies with shorter dividend growth histories. If the sector caps are breached, then companies in the applicable sector are removed beginning with companies with the lowest yield, and progressively moving to companies with higher yields, as necessary, until the Index complies with its rules. As of November 30, 2020, the Index included 74 companies with capitalizations between approximately $344 million and $7.67 billion, and the average capitalization of companies comprising the Index was approximately $2.15 billion. The Index is rebalanced each March, June, September and December, with an annual reconstitution during the June rebalance. The Index is published under the Bloomberg ticker symbol “R2DIVGRO.”
The Fund invests in securities that ProShare Advisors LLC (ProShare Advisors), the Fund’s investment subadviser, believes, in combination, should track the performance of the Index. Under normal circumstances, the Fund will invest at least 80% of its net assets in investments connoted by the Index (i.e., component securities of the Index and comparable securities that have economic characteristics that are substantially identical to the economic characteristics of the securities of the Index). Under normal circumstances, the Fund also will invest at least 80% of its net assets in dividend-paying stocks.
ProShare Advisors follows a passive approach to investing that is designed to track the performance of the Index. ProShare Advisors does not invest the assets of the Fund in securities based on ProShare Advisors’ view of the investment merit of a particular security or company, nor does it conduct conventional investment research or analysis, or forecast market movement or trends, in managing the assets of the Fund.
The Fund seeks to remain fully invested at all times in securities that, in combination, provide exposure to the Index without regard to market conditions, trends or direction. The Fund attempts to track the performance of the Index by investing all, or substantially all, of its assets in the types of securities that make up the Index, holding each security in approximately the same proportion as its weighting in the Index. At times, the Fund may gain exposure to only a representative sample of the securities in the Index, which exposure is intended to have aggregate characteristics similar to those of the Index, and may invest in securities not contained in the Index.
The Fund will concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. As of the close of business on December 31, 2021, the Index was concentrated in the financials industry group.
“ProShares” is a registered mark of ProShare Advisors and has been licensed by the Manager solely for use in connection with the Fund.
IRUIX - Performance
Return Ranking - Trailing
Period | IRUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -54.8% | -54.8% | 152.4% | 100.00% |
1 Yr | -5.1% | -24.5% | 51.1% | 13.96% |
3 Yr | 5.1%* | -12.3% | 21.0% | 97.20% |
5 Yr | 5.1%* | -5.0% | 13.7% | 93.21% |
10 Yr | N/A* | 3.9% | 14.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | IRUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.8% | -71.0% | 40.4% | 52.22% |
2022 | -7.4% | -51.0% | 110.8% | 96.46% |
2021 | 14.9% | -54.6% | 350.1% | 84.90% |
2020 | -3.3% | -67.3% | 5.2% | 1.44% |
2019 | N/A | -62.1% | 36.3% | N/A |
Total Return Ranking - Trailing
Period | IRUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -54.8% | -61.4% | 152.4% | 99.84% |
1 Yr | -5.1% | -26.0% | 78.5% | 12.22% |
3 Yr | 5.1%* | -13.3% | 21.0% | 96.54% |
5 Yr | 5.1%* | -5.4% | 13.7% | 91.16% |
10 Yr | N/A* | 3.9% | 14.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | IRUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.8% | -71.0% | 40.4% | 52.22% |
2022 | -7.4% | -51.0% | 110.8% | 96.46% |
2021 | 14.9% | -54.6% | 37.8% | 84.90% |
2020 | -0.9% | -67.1% | 7.8% | 1.08% |
2019 | N/A | -62.1% | 52.6% | N/A |
NAV & Total Return History
IRUIX - Holdings
Concentration Analysis
IRUIX | Category Low | Category High | IRUIX % Rank | |
---|---|---|---|---|
Net Assets | 26.2 M | 1.48 M | 120 B | 92.73% |
Number of Holdings | 88 | 2 | 2519 | 73.93% |
Net Assets in Top 10 | 4.19 M | 6 K | 4.6 B | 93.84% |
Weighting of Top 10 | 12.66% | 2.6% | 100.0% | 61.86% |
Top 10 Holdings
- The York Water Co 1.50%
- Brady Corp Class A 1.48%
- Calavo Growers Inc 1.48%
- Cass Information Systems Inc 1.46%
- Avista Corp 1.46%
- ABM Industries Inc 1.45%
- Chesapeake Utilities Corp 1.45%
- Sensient Technologies Corp 1.45%
- Standex International Corp 1.44%
- Aaron's Inc 1.44%
Asset Allocation
Weighting | Return Low | Return High | IRUIX % Rank | |
---|---|---|---|---|
Stocks | 100.00% | 25.32% | 100.32% | 8.21% |
Preferred Stocks | 0.00% | 0.00% | 5.85% | 70.30% |
Other | 0.00% | -8.80% | 6.95% | 69.04% |
Convertible Bonds | 0.00% | 0.00% | 3.17% | 69.83% |
Cash | 0.00% | -79.10% | 74.68% | 94.15% |
Bonds | 0.00% | 0.00% | 72.07% | 70.46% |
Stock Sector Breakdown
Weighting | Return Low | Return High | IRUIX % Rank | |
---|---|---|---|---|
Financial Services | 27.97% | 0.00% | 35.52% | 1.91% |
Industrials | 19.45% | 2.46% | 37.42% | 27.27% |
Utilities | 18.34% | 0.00% | 18.58% | 0.48% |
Basic Materials | 11.36% | 0.00% | 18.66% | 1.75% |
Consumer Defense | 8.87% | 0.00% | 18.87% | 4.47% |
Healthcare | 5.82% | 0.00% | 26.53% | 93.30% |
Real Estate | 4.73% | 0.00% | 29.43% | 77.03% |
Communication Services | 2.41% | 0.00% | 14.85% | 54.86% |
Consumer Cyclical | 1.05% | 0.00% | 47.79% | 99.68% |
Technology | 0.00% | 0.00% | 54.70% | 99.84% |
Energy | 0.00% | 0.00% | 37.72% | 98.41% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | IRUIX % Rank | |
---|---|---|---|---|
US | 100.00% | 24.89% | 100.00% | 0.63% |
Non US | 0.00% | 0.00% | 36.31% | 97.95% |
IRUIX - Expenses
Operational Fees
IRUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.65% | 0.03% | 2.78% | 77.60% |
Management Fee | 0.40% | 0.00% | 1.50% | 18.99% |
12b-1 Fee | N/A | 0.00% | 1.00% | 15.56% |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
IRUIX 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% | 5.00% | N/A |
Trading Fees
IRUIX 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.
IRUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 56.00% | 0.20% | 314.00% | 56.61% |
IRUIX - Distributions
Dividend Yield Analysis
IRUIX | Category Low | Category High | IRUIX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.68% | 0.00% | 11.42% | 2.52% |
Dividend Distribution Analysis
IRUIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
IRUIX | Category Low | Category High | IRUIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.88% | -2.40% | 2.49% | 0.80% |
Capital Gain Distribution Analysis
IRUIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 07, 2022 | $0.058 | OrdinaryDividend |
Mar 10, 2022 | $0.041 | OrdinaryDividend |
Sep 16, 2021 | $0.047 | OrdinaryDividend |
Jun 10, 2021 | $0.042 | OrdinaryDividend |
Mar 11, 2021 | $0.036 | OrdinaryDividend |
Dec 10, 2020 | $0.083 | OrdinaryDividend |
Sep 10, 2020 | $0.046 | OrdinaryDividend |
Jun 11, 2020 | $0.042 | OrdinaryDividend |
Mar 12, 2020 | $0.042 | OrdinaryDividend |
Dec 12, 2019 | $0.094 | OrdinaryDividend |
Sep 12, 2019 | $0.042 | OrdinaryDividend |
Jun 13, 2019 | $0.042 | OrdinaryDividend |
Mar 14, 2019 | $0.036 | OrdinaryDividend |
Sep 13, 2018 | $0.041 | OrdinaryDividend |
Jun 14, 2018 | $0.041 | OrdinaryDividend |
Mar 15, 2018 | $0.026 | OrdinaryDividend |
Sep 14, 2017 | $0.024 | OrdinaryDividend |
IRUIX - Fund Manager Analysis
Managers
Michael Neches
Start Date
Tenure
Tenure Rank
Apr 18, 2017
5.12
5.1%
Michael Neches joined ProShare Advisors in 2000, and presently serves as a Senior Portfolio Manager. He previously served as the Senior Portfolio Manager responsible for the company’s commodities desk for two years, as a Portfolio Manager and team lead, as an Associate Portfolio Manager and as a Portfolio Analyst. Mr. Neches earned a Bachelor of Science in Finance from the University of Maryland, College Park and an MBA from Georgetown University.
Devin Sullivan
Start Date
Tenure
Tenure Rank
Apr 12, 2018
4.14
4.1%
Devin Sullivan is Portfolio Manager at ProShare Advisors since September 2016 and Associate Portfolio Manager from December 2011 to August 2016.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 49.61 | 7.0 | 2.58 |