Address And Details

2005 Market St. , Philadelphia, PA 19103
Fund Manager Wiley Angell
Manager Tenure 5 Years 5 Months

Strategy And Objective

Delaware Covered Call Strategy Fund seeks long-term capital appreciation. The Fund invests in a portfolio of equity securities and writes (sells) call options on those securities. Under normal circumstances, the Fund writes(sells) call options on at least 80% of the Fund total assets (80% policy). The Fund normally writes (sells) covered call options listed on US exchanges on the equity securities held by the Fund to seek to lower the overall volatility of the Fund portfolio, protect the Fund from market declines, and generate income. The call options written (sold) by the Fund will generally have an exercise price that is above the market price of the underlying security at the time the option is written (sold). The Fund equity investments consist primarily of common stocks of large-size US companies (companies over $10 billion in market capitalization), certain of which may pay dividends, and US dollar-denominated equity securities of foreign issuers (i.e., American Depositary Receipts (ADRs)) traded on US securities exchanges. To a lesser extent, the Fund may also invest in and write (sell) covered call options on securities of mid- and small-capitalization issuers and exchange-traded funds (ETFs) that track certain market indices, such as the S&P 500. The nature of the Fund is such that it may be expected to under perform equity markets during periods of sharply rising equity prices; conversely, the Fund seeks to reduce losses relative to equity markets during periods of declining equity prices.

Net Asset Value

as of 5:50 PM ET 09/24/2021

Performance

  • 1 Week
  • +1.06%
  • 1 Month
  • +0.23%
  • 3 Months
  • +2.06%
  • 1 Yr Return
  • +26.30%
  • 5 Yr Return
  • +28.37%

Equity Sector Breakdown

Technology 41.66%
Finance 12.86%
RetailTrade 8.92%
IndustrialCyclical 8.50%
Health 7.63%
NonDurables 7.08%
Energy 4.58%
Services 3.88%
ConsumerDurables 3.09%
Utilities 2.96%

Asset Allocation

Asset Type % Of Allocation
Stocks 101.16%
Cash 0.00%
Bonds 0.00%
Preferred 0.00%
Convertible 0.00%
Other 0.00%
ForeignStocks 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 60.00 K

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -8.70 -7.67 n/a
Beta 0.89 0.87 n/a
R Squared 0.94 0.92 n/a
Std Deviation 17.02 13.57 n/a
Sharpe Ratio 0.38 0.50 n/a

Purchase Information

as of 5:45 PM ET 09/23/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +21.54%
  • +28.03%
+21.54% +28.03%
3 Year
  • +6.13%
  • +7.21%
+6.13% +7.21%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +7.17%
  • +7.01%
+7.17% +7.01%

Top 10 Holdings

Symbol Company Name % Of Assets
AAPL APPLE INC 7.81%
MSFT MICROSOFT CORP 7.33%
AVGO BROADCOM INC 4.92%
HD HOME DEPOT INC 4.89%
GOOG ALPHABET INC CLASS C 4.38%
BKNG BOOKING HOLDINGS INC 4.31%
COST COSTCO WHOLESALE CORP 4.03%
MDT MEDTRONIC INC 3.99%
TXN TEXAS INSTRUMENTS INC 3.97%
URI UNITED RENTALS INC 3.88%

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