Skip to main content

Address And Details

2005 Market St. , Philadelphia, PA 19103
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

Delaware Corporate Bond Fund seeks to provide investors with total return. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in corporate bonds (80% policy). Delaware Management Company (Manager) focuses on corporate bonds that have investment grade credit ratings from a nationally recognized statistical rating organization (NRSRO). The bonds the Manager selects for the portfolio are typically rated BBB- and above by Standard & Poor s Financial Services LLC (S&P), Baa3 and above by Moody s Investors Service, Inc. (Moody s), or similarly rated by another NRSRO. The Manager may also invest in unrated bonds if it believes their credit quality is comparable to those that have investment grade ratings. In addition, the Manager may seek investment advice and recommendations from its affiliates: Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), Macquarie Investment Management Europe Limited (MIMEL), and Macquarie Investment Management Global Limited (MIMGL) (together, the Affiliated Sub-Advisors ). The Manager may also permit these Affiliated Sub-Advisors to execute Fund security trades on behalf of the Manager and exercise investment discretion for securities in certain markets where the Manager believes it will be beneficial to utilize an Affiliated Sub-Advisor's specialized market knowledge. The Fund may also invest up to 20% of its net assets in high yield corporate bonds ( junk bonds ). In addition, the Fund may invest up to 40% of its total assets in foreign securities, but the Fund s total non-US-dollar currency exposure will be limited, in the aggregate, to no more than 25% of net assets. The average portfolio duration of the Fund will generally vary within two years (plus or minus) of the current average duration of the Bloomberg Barclays US Corporate Investment Grade Index, which as of Dec. 31, 2019, was 7.89 years. Duration measures a bond s sensitivity to interest rates by indicating the approximate change in a bond or bond fund s price given a 1% change in interest rates. The 80% policy is nonfundamental and may be changed without shareholder approval. Fund shareholders would be given at least 60 days notice prior to any such change.

Net Asset Value

as of 5:56 PM ET 05/20/2022

Performance

  • 1 Week
  • 0.00%
  • 1 Month
  • -3.30%
  • 3 Months
  • -9.43%
  • 1 Yr Return
  • -16.06%
  • 5 Yr Return
  • -9.74%

Equity Sector Breakdown

ConsumerDurables n/a
Energy n/a
Finance n/a
Health n/a
IndustrialCyclical n/a
NonDurables n/a
RetailTrade n/a
Services n/a
Technology n/a
Utilities n/a

Asset Allocation

Asset Type % Of Allocation
Bonds 97.99%
Cash 0.82%
Other 0.65%
Convertible 0.54%
Stocks 0.00%
Preferred 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 858.61 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 1.31 1.14 0.82
Beta 1.58 1.46 1.40
R Squared 0.64 0.61 0.61
Std Deviation 9.04 7.33 6.14
Sharpe Ratio 0.12 0.20 n/a

Purchase Information

as of 5:52 PM ET 05/18/2022
Minimum Initial n/a
Minimum Additional $0
Minimum Initial IRA $99

Performance

Timeframe Average Annual Current Performance Monthly As Of 04/30/2022 Average Annual Current Performance Quarterly As Of 03/31/2022 Avg Annual Current Performance Monthly As Of 04/30/2022 Avg Annual Current Performance Quarterly As Of 03/31/2022
1 Year
  • -10.94%
  • -4.58%
-10.94% -4.58%
3 Year
  • +1.39%
  • +3.63%
+1.39% +3.63%
10 Year
  • +3.39%
  • +4.14%
+3.39% +4.14%
Life Of Fund
  • +5.86%
  • +6.14%
+5.86% +6.14%

Top 10 Holdings

Symbol Company Name % Of Assets
n/a

Recommended for You