Name
As of 07/22/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.0%
1 yr return
0.0%
3 Yr Avg Return
0.1%
5 Yr Avg Return
0.2%
Net Assets
$152 M
Holdings in Top 10
100.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.56%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$750
IRA
N/A
Fund Classification
Fund Type
Money Market Fund
Name
As of 07/22/2022Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WRCXX - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return 0.1%
- 5 Yr Annualized Total Return 0.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.01%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDelaware Ivy Government Money Market Fund
-
Fund Family NameIvy Funds
-
Inception DateJun 30, 2000
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerStephen Juszczyszyn
Fund Description
Delaware Ivy Government Money Market Fund seeks to achieve its objective by investing, under normal circumstances, at least 99.5% of its total assets in: (1) debt securities issued or guaranteed by the US or certain US government agencies or instrumentalities (government securities), (2) repurchase agreements that are fully collateralized by cash and/or government securities, and/or (3) cash. The Fund also has adopted a policy to invest, under normal circumstances, at least 80% of its net assets in government securities and/or repurchase agreements that are fully collateralized by government securities. In contrast to the Fund’s 99.5% policy, the Fund’s 80% policy does not include cash or repurchase agreements collateralized by cash.
The Fund’s investments in government securities may include direct obligations of the US Treasury (Treasury) (such as Treasury bills, notes or bonds), obligations issued or guaranteed as to principal and interest (but not as to market value) by the US government, its agencies or instrumentalities, and mortgage-backed securities issued or guaranteed by government agencies or government-sponsored enterprises. The Fund considers repurchase agreements with the Federal Reserve Bank of New York to be government securities for purposes of the Fund’s investment policies.
The Fund seeks, as well, to maintain a net asset value (NAV) of $1.00 per share. The Fund maintains a dollar-weighted average maturity of 60 calendar days or less, a dollar-weighted average life of 120 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) selects securities for the Fund in compliance with the maturity, quality, diversification and liquidity requirements of Rule 2a-7 under the Investment Company Act of 1940, as amended (Rule 2a-7). The Manager considers a number of factors in selecting securities for the Fund, including the credit quality of the particular issuer or guarantor of the security, along with the liquidity, maturity and yield.
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.
The Fund intends to continue to qualify as a “government money market fund,” as such term is defined in or interpreted under Rule 2a-7. “Government money market funds” are exempt from requirements that permit money market funds to impose liquidity fees and/or temporary redemption gates. While the Board may elect in the future to subject the Fund to liquidity fees or redemption gates, the Board has not elected to do so at this time and has no current intention to do so.
WRCXX - Performance
Return Ranking - Trailing
Period | WRCXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | 0.0% | 0.2% | 82.38% |
1 Yr | 0.0% | -2.0% | 0.4% | 78.37% |
3 Yr | 0.1%* | -0.2% | 0.9% | 98.84% |
5 Yr | 0.2%* | 0.1% | 1.2% | 99.58% |
10 Yr | 0.1%* | 0.1% | 0.8% | 99.49% |
* Annualized
Return Ranking - Calendar
Period | WRCXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | 0.0% | 0.0% | 82.54% |
2022 | 0.0% | 0.0% | 0.4% | 82.91% |
2021 | 0.0% | 0.0% | 2.0% | 85.75% |
2020 | 0.0% | 0.0% | 1.5% | 83.91% |
2019 | 0.0% | 0.0% | 0.5% | 84.17% |
Total Return Ranking - Trailing
Period | WRCXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.0% | 0.0% | 0.2% | 82.38% |
1 Yr | -1.0% | -5.7% | 0.4% | 96.99% |
3 Yr | 0.1%* | -1.9% | 0.9% | 98.26% |
5 Yr | 0.2%* | -1.0% | 1.2% | 99.17% |
10 Yr | 0.1%* | -0.5% | 0.8% | 99.49% |
* Annualized
Total Return Ranking - Calendar
Period | WRCXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | 0.0% | 0.0% | 82.54% |
2022 | 0.0% | 0.0% | 0.4% | 82.91% |
2021 | 0.0% | 0.0% | 2.0% | 85.75% |
2020 | 0.0% | 0.0% | 1.5% | 83.56% |
2019 | 0.0% | 0.0% | 0.5% | 83.81% |
NAV & Total Return History
WRCXX - Holdings
Concentration Analysis
WRCXX | Category Low | Category High | WRCXX % Rank | |
---|---|---|---|---|
Net Assets | 152 M | 136 K | 281 B | 98.12% |
Number of Holdings | 9 | 1 | 346 | 89.91% |
Net Assets in Top 10 | 145 M | -343 K | 163 B | 97.61% |
Weighting of Top 10 | 100.00% | 22.7% | 100.0% | 7.68% |
Top 10 Holdings
- State Street Instl US Govt MMkt Premier 40.58%
- Overseas Private Investment Corporation 0.39% 22.38%
- Overseas Private Investment Corporation 0.39% 11.78%
- U.S. International Development Finance Corporation 0.36% 11.71%
- Overseas Private Investment Corporation 0.4% 11.34%
- United States Treasury Bills 0.14% 6.85%
- Overseas Private Investment Corporation 0.09% 6.10%
- United States Treasury Bills 0.09% 6.06%
- United States Treasury Bills 0.09% 5.52%
- United States Treasury Bills 0.09% 5.23%
Asset Allocation
Weighting | Return Low | Return High | WRCXX % Rank | |
---|---|---|---|---|
Bonds | 59.42% | 0.00% | 74.44% | 1.03% |
Cash | 40.58% | 25.56% | 100.00% | 99.32% |
Stocks | 0.00% | 0.00% | 0.00% | 83.59% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 83.59% |
Other | 0.00% | -1.67% | 0.04% | 82.91% |
Convertible Bonds | 0.00% | 0.00% | 21.22% | 85.13% |
Bond Sector Breakdown
Weighting | Return Low | Return High | WRCXX % Rank | |
---|---|---|---|---|
Government | 51.90% | 0.00% | 51.90% | 0.34% |
Cash & Equivalents | 40.58% | 0.00% | 100.00% | 97.78% |
Municipal | 7.52% | 0.00% | 22.71% | 2.56% |
Derivative | 0.00% | 0.00% | 0.00% | 83.59% |
Securitized | 0.00% | 0.00% | 1.75% | 83.76% |
Corporate | 0.00% | 0.00% | 100.00% | 87.35% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | WRCXX % Rank | |
---|---|---|---|---|
US | 59.42% | 0.00% | 72.86% | 1.03% |
Non US | 0.00% | 0.00% | 3.45% | 84.79% |
WRCXX - Expenses
Operational Fees
WRCXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.56% | 0.01% | 1.58% | 0.34% |
Management Fee | 0.35% | 0.00% | 0.50% | 93.16% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 99.60% |
Administrative Fee | N/A | 0.01% | 0.55% | 1.07% |
Sales Fees
WRCXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.75% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.50% | 75.00% |
Trading Fees
WRCXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 5.00% | 5.00% | 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.
WRCXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 485.00% | N/A |
WRCXX - Distributions
Dividend Yield Analysis
WRCXX | Category Low | Category High | WRCXX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.88% | 42.91% |
Dividend Distribution Analysis
WRCXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
WRCXX | Category Low | Category High | WRCXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.01% | -1.09% | 1.67% | 70.42% |
Capital Gain Distribution Analysis
WRCXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 31, 2021 | $0.000 | DailyAccrualFund |
Nov 26, 2021 | $0.000 | DailyAccrualFund |
Oct 27, 2021 | $0.000 | DailyAccrualFund |
Sep 27, 2021 | $0.000 | DailyAccrualFund |
Aug 27, 2021 | $0.000 | DailyAccrualFund |
Jul 27, 2021 | $0.000 | DailyAccrualFund |
May 27, 2021 | $0.000 | DailyAccrualFund |
Apr 27, 2021 | $0.000 | DailyAccrualFund |
Mar 26, 2021 | $0.000 | DailyAccrualFund |
Feb 26, 2021 | $0.000 | DailyAccrualFund |
Jan 27, 2021 | $0.000 | DailyAccrualFund |
Dec 31, 2020 | $0.000 | DailyAccrualFund |
Nov 27, 2020 | $0.000 | DailyAccrualFund |
Oct 27, 2020 | $0.000 | DailyAccrualFund |
Sep 25, 2020 | $0.000 | DailyAccrualFund |
Aug 27, 2020 | $0.000 | DailyAccrualFund |
Jul 27, 2020 | $0.000 | DailyAccrualFund |
Jun 26, 2020 | $0.000 | DailyAccrualFund |
May 27, 2020 | $0.000 | DailyAccrualFund |
Apr 27, 2020 | $0.000 | DailyAccrualFund |
Mar 27, 2020 | $0.000 | DailyAccrualFund |
Feb 27, 2020 | $0.000 | DailyAccrualFund |
Jan 27, 2020 | $0.000 | DailyAccrualFund |
Dec 31, 2019 | $0.000 | DailyAccrualFund |
Nov 27, 2019 | $0.000 | DailyAccrualFund |
Oct 25, 2019 | $0.000 | DailyAccrualFund |
Sep 27, 2019 | $0.000 | DailyAccrualFund |
Aug 27, 2019 | $0.000 | DailyAccrualFund |
Jul 26, 2019 | $0.001 | DailyAccrualFund |
Jun 27, 2019 | $0.001 | DailyAccrualFund |
May 24, 2019 | $0.001 | DailyAccrualFund |
Apr 26, 2019 | $0.001 | DailyAccrualFund |
Mar 27, 2019 | $0.000 | DailyAccrualFund |
Feb 27, 2019 | $0.001 | DailyAccrualFund |
Jan 25, 2019 | $0.001 | DailyAccrualFund |
Dec 31, 2018 | $0.001 | DailyAccrualFund |
Nov 27, 2018 | $0.001 | DailyAccrualFund |
Oct 26, 2018 | $0.001 | DailyAccrualFund |
Aug 27, 2018 | $0.000 | DailyAccrualFund |
Jul 27, 2018 | $0.000 | DailyAccrualFund |
Jun 27, 2018 | $0.000 | DailyAccrualFund |
May 27, 2018 | $0.000 | DailyAccrualFund |
Apr 27, 2018 | $0.000 | DailyAccrualFund |
Mar 27, 2018 | $0.000 | DailyAccrualFund |
Feb 27, 2018 | $0.000 | DailyAccrualFund |
Jan 26, 2018 | $0.000 | DailyAccrualFund |
Dec 29, 2017 | $0.000 | DailyAccrualFund |
Dec 30, 2016 | $0.000 | DailyAccrualFund |
Dec 31, 2010 | $0.000 | DailyAccrualFund |
Nov 27, 2009 | $0.000 | DailyAccrualFund |
Oct 27, 2009 | $0.000 | DailyAccrualFund |
Sep 25, 2009 | $0.000 | DailyAccrualFund |
Aug 27, 2009 | $0.000 | DailyAccrualFund |
Jul 27, 2009 | $0.000 | DailyAccrualFund |
Jun 26, 2009 | $0.000 | DailyAccrualFund |
May 27, 2009 | $0.000 | DailyAccrualFund |
Apr 27, 2009 | $0.000 | DailyAccrualFund |
Mar 27, 2009 | $0.000 | DailyAccrualFund |
Feb 27, 2009 | $0.000 | DailyAccrualFund |
Jan 27, 2009 | $0.001 | DailyAccrualFund |
Dec 31, 2008 | $0.001 | DailyAccrualFund |
Nov 26, 2008 | $0.001 | DailyAccrualFund |
Oct 27, 2008 | $0.000 | DailyAccrualFund |
Sep 26, 2008 | $0.001 | DailyAccrualFund |
Aug 27, 2008 | $0.001 | DailyAccrualFund |
Jul 25, 2008 | $0.001 | DailyAccrualFund |
Jun 27, 2008 | $0.001 | DailyAccrualFund |
May 27, 2008 | $0.001 | DailyAccrualFund |
Apr 25, 2008 | $0.001 | DailyAccrualFund |
Mar 27, 2008 | $0.002 | DailyAccrualFund |
Feb 27, 2008 | $0.002 | DailyAccrualFund |
Jan 25, 2008 | $0.002 | DailyAccrualFund |
Dec 31, 2007 | $0.003 | DailyAccrualFund |
Nov 27, 2007 | $0.003 | DailyAccrualFund |
Oct 26, 2007 | $0.003 | DailyAccrualFund |
Sep 27, 2007 | $0.003 | DailyAccrualFund |
Aug 27, 2007 | $0.003 | DailyAccrualFund |
Jul 27, 2007 | $0.003 | DailyAccrualFund |
Jun 27, 2007 | $0.003 | DailyAccrualFund |
May 25, 2007 | $0.003 | DailyAccrualFund |
Apr 27, 2007 | $0.003 | DailyAccrualFund |
Mar 27, 2007 | $0.003 | DailyAccrualFund |
Feb 27, 2007 | $0.003 | DailyAccrualFund |
Jan 26, 2007 | $0.003 | DailyAccrualFund |
Dec 29, 2006 | $0.004 | DailyAccrualFund |
WRCXX - 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 |
---|---|---|---|
0.08 | 46.68 | 14.89 | 13.09 |