We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
3 Delaware Investments Mutual Funds for Solid Returns
Read MoreHide Full Article
Delaware Investments, founded in 1969 and now part of Macquarie Investment Management, offers a diverse range of mutual fund investment products like fixed income, equities, multi-asset solutions, private credit, infrastructure, renewables, natural assets, real estate and asset finance. With a presence in 30 markets across the Americas, EMEA, Asia, and Australia, Delaware Investments offers expertise, a robust distribution network, and a consistent track of delivering competitive returns. This makes its products appealing and trustworthy choices for investment.
Investing in Delaware Investments mutual funds seems judicious as of now. Also, mutual funds, in general, diversify portfolios without several commission charges that are mainly associated with stock purchases and trim transaction costs (read more: Mutual Funds: Advantages, Disadvantages, and How They Make Investors Money).
We have, thus, chosen three Delaware Investments mutual funds that investors should buy now for long-term gains. These funds possess a Zacks Mutual Fund Rank #1 (Strong Buy) or 2 (Buy), have positive three-year and five-year annualized returns, minimum initial investments within $5000, and expense ratios considerably lower than the category average. So, these funds have given a comparatively strong performance and lower fees.
Delaware Ivy Large Cap Growth Fund (WLGYX - Free Report) seeks appreciation of capital by investing in a diversified portfolio of common stocks issued by growth-oriented, large to medium-sized U.S. and foreign companies that management believes have appreciation possibilities.
Bradley M. Klapmeyer has been the lead manager of WLGYX since Jul 31, 2016. Most of the fund’s holdings were companies like Microsoft (13.2%), Apple (8.3%) and Visa Inc. (6.2%) as of Mar 31, 2023.
WLGYX’s 3-year and 5-year annualized returns are 8.1% and 13.6%, respectively. Its net expense ratio is 0.95% compared to the category average of 0.99%. WLGYX has a Zacks Mutual Fund Rank #1.
To see how this fund performed compared to its category and other 1 and 2 Ranked Mutual Funds, please click here.
Delaware Sustainable Equity Income Fund invests in equity securities of companies that align with its sustainable investment criteria, considering both net assets and any borrowing for investment purposes.
Barry S. Gladstein has been the lead manager of IDAAX since Nov 14, 2021. Most of the fund’s holdings were companies like Hess Corp (2.5%), Johnson & Johnson (2.3%) and JPMorgan Chase & Co (2.2%) as of Mar 31, 2023.
IDAAX’s 3-year and 5-year returns are 10.1% and 8.9%, respectively. Its net expense ratio is 0.74% compared to the category average of 0.94%. IDAAX has a Zacks Mutual Fund Rank #1.
Delaware Floating Rate Fund (DDFAX - Free Report) invests most of its assets and any borrowing in floating-rate loans and floating-rate debt securities. DDFAX advisors assess economic and market conditions to decide how to distribute the fund's assets among various types of securities.
John P. McCarthy has been the lead manager of DDFAX since Jan 30, 2017. Most of the fund’s holdings were in Qualtrics AcquirecoTranc (2%), Applied Sys 2nd Lien (2%) and Pg&eTranche B (2%) as of Apr 30, 2023.
DDFAX’s 3-year and 5-year returns are 5% and 4%, respectively. Its net expense ratio is 0.88% compared to the category average of 1.03%. DDFAX has a Zacks Mutual Fund Rank #1.
Want key mutual fund info delivered straight to your inbox?
Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
3 Delaware Investments Mutual Funds for Solid Returns
Delaware Investments, founded in 1969 and now part of Macquarie Investment Management, offers a diverse range of mutual fund investment products like fixed income, equities, multi-asset solutions, private credit, infrastructure, renewables, natural assets, real estate and asset finance. With a presence in 30 markets across the Americas, EMEA, Asia, and Australia, Delaware Investments offers expertise, a robust distribution network, and a consistent track of delivering competitive returns. This makes its products appealing and trustworthy choices for investment.
Investing in Delaware Investments mutual funds seems judicious as of now. Also, mutual funds, in general, diversify portfolios without several commission charges that are mainly associated with stock purchases and trim transaction costs (read more: Mutual Funds: Advantages, Disadvantages, and How They Make Investors Money).
We have, thus, chosen three Delaware Investments mutual funds that investors should buy now for long-term gains. These funds possess a Zacks Mutual Fund Rank #1 (Strong Buy) or 2 (Buy), have positive three-year and five-year annualized returns, minimum initial investments within $5000, and expense ratios considerably lower than the category average. So, these funds have given a comparatively strong performance and lower fees.
Delaware Ivy Large Cap Growth Fund (WLGYX - Free Report) seeks appreciation of capital by investing in a diversified portfolio of common stocks issued by growth-oriented, large to medium-sized U.S. and foreign companies that management believes have appreciation possibilities.
Bradley M. Klapmeyer has been the lead manager of WLGYX since Jul 31, 2016. Most of the fund’s holdings were companies like Microsoft (13.2%), Apple (8.3%) and Visa Inc. (6.2%) as of Mar 31, 2023.
WLGYX’s 3-year and 5-year annualized returns are 8.1% and 13.6%, respectively. Its net expense ratio is 0.95% compared to the category average of 0.99%. WLGYX has a Zacks Mutual Fund Rank #1.
To see how this fund performed compared to its category and other 1 and 2 Ranked Mutual Funds, please click here.
Delaware Sustainable Equity Income Fund invests in equity securities of companies that align with its sustainable investment criteria, considering both net assets and any borrowing for investment purposes.
Barry S. Gladstein has been the lead manager of IDAAX since Nov 14, 2021. Most of the fund’s holdings were companies like Hess Corp (2.5%), Johnson & Johnson (2.3%) and JPMorgan Chase & Co (2.2%) as of Mar 31, 2023.
IDAAX’s 3-year and 5-year returns are 10.1% and 8.9%, respectively. Its net expense ratio is 0.74% compared to the category average of 0.94%. IDAAX has a Zacks Mutual Fund Rank #1.
Delaware Floating Rate Fund (DDFAX - Free Report) invests most of its assets and any borrowing in floating-rate loans and floating-rate debt securities. DDFAX advisors assess economic and market conditions to decide how to distribute the fund's assets among various types of securities.
John P. McCarthy has been the lead manager of DDFAX since Jan 30, 2017. Most of the fund’s holdings were in Qualtrics AcquirecoTranc (2%), Applied Sys 2nd Lien (2%) and Pg&eTranche B (2%) as of Apr 30, 2023.
DDFAX’s 3-year and 5-year returns are 5% and 4%, respectively. Its net expense ratio is 0.88% compared to the category average of 1.03%. DDFAX has a Zacks Mutual Fund Rank #1.
Want key mutual fund info delivered straight to your inbox?
Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>