Delaware Ivy Small Cap Growth B
Name
As of 12/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
11.1%
3 Yr Avg Return
14.2%
5 Yr Avg Return
14.6%
Net Assets
$2.73 B
Holdings in Top 10
22.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.18%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 57.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$750
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WSGBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 13.4%
- 5 Yr Annualized Total Return 14.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.81%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
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Legal NameDelaware Ivy Small Cap Growth Fund
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Fund Family NameDelaware Funds by Macquarie
-
Inception DateJul 06, 2000
-
Shares OutstandingN/A
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Share ClassB
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CurrencyUSD
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Domiciled CountryUnited States
Fund Description
Delaware Ivy Small Cap Growth Fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets in common stocks of small-capitalization companies. For purposes of this Fund, small-capitalization companies typically are companies with market capitalizations similar to those of issuers included in the Russell 2000® Growth Index over the last 13 months at the time of acquisition. As of June 30, 2022 (the quarter-end closest to the index’s rebalance), this range of market capitalizations was between approximately [$58.55 million and $15.69 billion]. The Fund emphasizes smaller companies positioned in new or emerging industries where the Manager believes there is opportunity for higher growth than in established companies or industries. The Fund’s investments in equity securities may include common stocks that are offered in initial public offerings (IPOs).
The Manager utilizes a bottom-up (researching individual issuers) stock-picking process that considers quality of management and superior financial characteristics (e.g., return on assets, return on equity, operating margin) in its search for companies, thereby focusing on what it believes are higher-quality companies with sustainable growth prospects. The Manager seeks companies that it believes exhibit successful and scalable business models by having one or more of the following characteristics: serving markets that are growing at rates substantially in excess of the average industry and/or the general economy; a company that is a leader in its industry and that possesses an identifiable competitive advantage; that features strong and effective management; that demonstrates a strong commitment to shareholders; that is serving a large and/or fast-growing market opportunity; that is experiencing upward margin momentum, a growth in earnings, growth in revenue and sales and/or positive cash flows; that is increasing market share and/or creating increasing barriers to entry either through technological advancement, marketing, distribution or some other innovative means; or that emphasizes organic growth. The Manager believes that such companies generally have a replicable business model that allows for sustained growth.
Generally, in determining whether to sell a security, the Manager uses the same type of analysis that it uses in buying securities. For example, the Manager may sell a security if it believes that the stock no longer offers significant growth potential, which may be due to a change in the business or management of the company or a change in the industry or sector of the company. The Manager also may sell a security to reduce the Fund’s holding in that security, if its analysis reveals evidence of a meaningful deterioration in operating trends, if it anticipates a decrease in the company’s ability to grow, if it loses confidence in the management of the company and/or the company’s founder departs, to take advantage of what it believes are more attractive investment opportunities or to raise cash.
The Manager may permit its affiliates, Macquarie Investment Management Global Limited (MIMGL) and Macquarie Funds Management Hong Kong Limited, to execute Fund security trades on behalf of the Manager. The Manager may also seek quantitative support from MIMGL.
WSGBX - Performance
Return Ranking - Trailing
Period | WSGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -56.1% | 571.0% | 29.98% |
1 Yr | 11.1% | -63.8% | 605.5% | 1.15% |
3 Yr | 14.2%* | -33.9% | 40.7% | 2.60% |
5 Yr | 14.6%* | -24.8% | 23.0% | 0.92% |
10 Yr | 13.2%* | -17.5% | 19.1% | 1.50% |
* Annualized
Return Ranking - Calendar
Period | WSGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.0% | -90.6% | 781.7% | 28.95% |
2022 | 18.4% | -39.1% | 109.8% | 27.90% |
2021 | 10.6% | -3.0% | 36.5% | 8.19% |
2020 | -23.2% | -29.8% | 7.4% | 99.63% |
2019 | 5.9% | -8.2% | 29.5% | 4.88% |
Total Return Ranking - Trailing
Period | WSGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | -67.4% | 571.0% | 29.66% |
1 Yr | 6.3% | -63.8% | 605.5% | 1.15% |
3 Yr | 13.4%* | -33.9% | 40.7% | 2.77% |
5 Yr | 14.4%* | -23.4% | 23.0% | 0.92% |
10 Yr | 13.2%* | -17.5% | 19.1% | 1.75% |
* Annualized
Total Return Ranking - Calendar
Period | WSGBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.0% | -90.6% | 781.7% | 28.95% |
2022 | 18.4% | -39.1% | 109.8% | 27.90% |
2021 | 10.6% | -3.0% | 36.5% | 8.19% |
2020 | -23.2% | -29.8% | 8.5% | 99.82% |
2019 | 5.9% | -1.7% | 40.9% | 8.54% |
NAV & Total Return History
WSGBX - Holdings
Concentration Analysis
WSGBX | Category Low | Category High | WSGBX % Rank | |
---|---|---|---|---|
Net Assets | 2.73 B | 183 K | 28 B | 18.49% |
Number of Holdings | 85 | 6 | 1336 | 60.93% |
Net Assets in Top 10 | 662 M | 59 K | 2.7 B | 18.01% |
Weighting of Top 10 | 22.25% | 4.7% | 100.0% | 49.28% |
Top 10 Holdings
- Five9 Inc 3.42%
- Varonis Systems Inc 2.79%
- Wingstop Inc 2.73%
- Globant SA 2.68%
- CareDx Inc 2.56%
- PetIQ Inc Class A 2.44%
- Installed Building Products Inc 2.38%
- The Brink's Co 2.36%
- Vericel Corp 2.34%
- Shift4 Payments Inc Class A 2.14%
Asset Allocation
Weighting | Return Low | Return High | WSGBX % Rank | |
---|---|---|---|---|
Stocks | 99.16% | 77.52% | 101.30% | 22.51% |
Cash | 0.83% | -1.30% | 22.49% | 75.72% |
Preferred Stocks | 0.00% | 0.00% | 3.43% | 54.98% |
Other | 0.00% | -1.57% | 7.18% | 62.06% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 53.38% |
Bonds | 0.00% | 0.00% | 3.19% | 53.05% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WSGBX % Rank | |
---|---|---|---|---|
Technology | 31.89% | 0.00% | 75.51% | 14.15% |
Healthcare | 24.43% | 0.00% | 47.90% | 37.62% |
Industrials | 17.10% | 0.00% | 36.64% | 50.48% |
Consumer Cyclical | 14.47% | 0.00% | 40.68% | 28.46% |
Financial Services | 5.25% | 0.00% | 100.00% | 69.13% |
Consumer Defense | 3.10% | 0.00% | 13.56% | 64.15% |
Communication Services | 2.69% | 0.00% | 15.31% | 42.93% |
Energy | 1.07% | 0.00% | 55.49% | 66.56% |
Utilities | 0.00% | 0.00% | 5.57% | 65.59% |
Real Estate | 0.00% | 0.00% | 15.31% | 86.82% |
Basic Materials | 0.00% | 0.00% | 10.30% | 91.64% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WSGBX % Rank | |
---|---|---|---|---|
US | 97.68% | 67.06% | 99.56% | 11.09% |
Non US | 1.48% | 0.00% | 26.08% | 79.90% |
WSGBX - Expenses
Operational Fees
WSGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.18% | 0.03% | 4.18% | 2.10% |
Management Fee | 0.83% | 0.05% | 4.05% | 62.80% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 92.53% |
Administrative Fee | N/A | 0.01% | 0.40% | 2.74% |
Sales Fees
WSGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | 5.00% | 1.00% | 5.50% | 4.48% |
Trading Fees
WSGBX 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.
WSGBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 57.00% | 3.00% | 439.00% | 52.06% |
WSGBX - Distributions
Dividend Yield Analysis
WSGBX | Category Low | Category High | WSGBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 23.47% | 54.82% |
Dividend Distribution Analysis
WSGBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
WSGBX | Category Low | Category High | WSGBX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.81% | -4.08% | 1.10% | 97.39% |
Capital Gain Distribution Analysis
WSGBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |