Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
7.0%
1 yr return
9.0%
3 Yr Avg Return
1.3%
5 Yr Avg Return
2.8%
Net Assets
$207 M
Holdings in Top 10
16.7%
Expense Ratio 1.37%
Front Load N/A
Deferred Load N/A
Turnover 89.00%
Redemption Fee N/A
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Under normal circumstances, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in US and foreign debt securities, including those in emerging markets (80% policy). Debt securities include all varieties of fixed, variable and floating rate income securities, including bonds, US and foreign government and agency securities, corporate loans (and loan participations), and mortgage-backed securities and other asset-backed securities. To achieve the Fund's investment objectives, the Manager will allocate investments among various sectors of debt securities and at any given time may have a substantial amount of its assets invested in any class of debt security.
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 invest up to 100% of its net assets in high yield, lower-quality debt securities (also known as “junk bonds”).
The Fund may invest up to 100% of its net assets in foreign securities, including emerging markets securities. The Fund’s total non-US dollar currency exposure may reach 100% of net assets. Due to the manner in which the Fund is managed, it may be subject to a high rate of portfolio turnover.
The Fund may hold a substantial portion of its assets in cash or short-term fixed income obligations in unusual market conditions to meet redemption requests, for temporary defensive purposes, and pending investment. The Fund may also use a wide range of derivatives instruments, typically including forward foreign currency contracts, options, futures contracts, options on futures contracts, and swaps. The Fund may use derivatives for both hedging and nonhedging purposes. For example, the Fund may invest in: futures and options to manage duration and for defensive purposes, such as to protect gains or hedge against potential losses in the portfolio without actually selling a security, or to stay fully invested; forward foreign currency contracts to manage foreign currency exposure; interest rate swaps to neutralize the impact of interest rate changes; credit default swaps to hedge against a credit event, to gain exposure to certain securities or markets, or to enhance total return; and index swaps to enhance return or to affect diversification.
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.
Period | DUGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.0% | -11.1% | 18.9% | 47.68% |
1 Yr | 9.0% | -9.2% | 20.8% | 48.14% |
3 Yr | 1.3%* | -16.9% | 16.8% | 59.05% |
5 Yr | 2.8%* | -14.7% | 13.4% | 38.39% |
10 Yr | 2.6%* | -7.0% | 7.1% | 58.31% |
* Annualized
Period | DUGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.0% | -12.0% | 8.9% | 26.74% |
2022 | -14.5% | -31.8% | 18.4% | 64.82% |
2021 | -2.7% | -16.2% | 25.7% | 71.48% |
2020 | 5.5% | -31.1% | 18.7% | 12.48% |
2019 | 7.3% | -6.1% | 15.3% | 17.34% |
Period | DUGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.0% | -11.1% | 18.9% | 47.68% |
1 Yr | 9.0% | -9.2% | 20.8% | 48.14% |
3 Yr | 1.3%* | -16.9% | 16.8% | 59.05% |
5 Yr | 2.8%* | -14.7% | 13.4% | 38.39% |
10 Yr | 2.6%* | -7.0% | 7.1% | 58.31% |
* Annualized
Period | DUGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.6% | -6.9% | 22.2% | 27.98% |
2022 | -10.6% | -31.8% | 21.1% | 63.23% |
2021 | 1.1% | -13.5% | 49.9% | 65.57% |
2020 | 9.4% | -28.6% | 24.1% | 10.70% |
2019 | 11.6% | -4.8% | 19.1% | 19.46% |
DUGRX | Category Low | Category High | DUGRX % Rank | |
---|---|---|---|---|
Net Assets | 207 M | 2.63 M | 143 B | 73.25% |
Number of Holdings | 260 | 4 | 9638 | 68.49% |
Net Assets in Top 10 | 37.4 M | -204 M | 89.4 B | 81.90% |
Weighting of Top 10 | 16.65% | 5.8% | 265.8% | 74.84% |
Weighting | Return Low | Return High | DUGRX % Rank | |
---|---|---|---|---|
Bonds | 97.47% | 0.00% | 199.60% | 26.05% |
Cash | 9.16% | -94.66% | 99.97% | 20.12% |
Convertible Bonds | 3.33% | 0.00% | 33.50% | 28.85% |
Stocks | 1.38% | -6.18% | 99.68% | 38.38% |
Other | 0.42% | -75.22% | 147.15% | 69.42% |
Preferred Stocks | 0.01% | 0.00% | 21.58% | 43.37% |
Weighting | Return Low | Return High | DUGRX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 23.92% |
Technology | 0.00% | 0.00% | 28.30% | 75.42% |
Real Estate | 0.00% | 0.00% | 100.00% | 73.75% |
Industrials | 0.00% | 0.00% | 100.00% | 78.41% |
Healthcare | 0.00% | 0.00% | 18.60% | 78.74% |
Financial Services | 0.00% | 0.00% | 100.00% | 81.06% |
Energy | 0.00% | 0.00% | 100.00% | 80.40% |
Communication Services | 0.00% | 0.00% | 100.00% | 78.07% |
Consumer Defense | 0.00% | 0.00% | 99.97% | 74.09% |
Consumer Cyclical | 0.00% | 0.00% | 89.95% | 79.73% |
Basic Materials | 0.00% | 0.00% | 100.00% | 76.08% |
Weighting | Return Low | Return High | DUGRX % Rank | |
---|---|---|---|---|
US | 0.91% | -6.18% | 99.68% | 38.07% |
Non US | 0.48% | -0.30% | 17.73% | 6.55% |
Weighting | Return Low | Return High | DUGRX % Rank | |
---|---|---|---|---|
Corporate | 57.20% | 0.00% | 96.66% | 25.76% |
Securitized | 20.23% | 0.00% | 99.65% | 44.77% |
Government | 12.38% | 0.00% | 99.43% | 45.89% |
Cash & Equivalents | 9.16% | 0.00% | 94.89% | 19.87% |
Municipal | 1.04% | 0.00% | 54.26% | 15.14% |
Derivative | 0.41% | -75.22% | 147.15% | 21.28% |
Weighting | Return Low | Return High | DUGRX % Rank | |
---|---|---|---|---|
US | 94.23% | 0.00% | 199.60% | 23.24% |
Non US | 3.23% | 0.00% | 74.14% | 46.33% |
DUGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.37% | 0.03% | 34.13% | 42.15% |
Management Fee | 0.55% | 0.00% | 2.29% | 41.02% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 66.38% |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
DUGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.50% | N/A |
DUGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
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.
DUGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 89.00% | 0.00% | 632.00% | 58.68% |
DUGRX | Category Low | Category High | DUGRX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.75% | 0.00% | 23.30% | 51.16% |
DUGRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Quarterly |
DUGRX | Category Low | Category High | DUGRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.29% | -1.55% | 11.51% | 37.40% |
DUGRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Nov 29, 2024 | $0.036 | OrdinaryDividend |
Oct 31, 2024 | $0.039 | OrdinaryDividend |
Sep 30, 2024 | $0.036 | OrdinaryDividend |
Aug 30, 2024 | $0.040 | OrdinaryDividend |
Jul 31, 2024 | $0.041 | OrdinaryDividend |
Apr 30, 2024 | $0.031 | OrdinaryDividend |
Mar 28, 2024 | $0.034 | OrdinaryDividend |
Feb 29, 2024 | $0.031 | OrdinaryDividend |
Jan 31, 2024 | $0.032 | OrdinaryDividend |
Dec 29, 2023 | $0.032 | OrdinaryDividend |
Nov 30, 2023 | $0.031 | OrdinaryDividend |
Oct 31, 2023 | $0.031 | OrdinaryDividend |
Sep 29, 2023 | $0.028 | OrdinaryDividend |
Aug 31, 2023 | $0.029 | OrdinaryDividend |
Jul 31, 2023 | $0.029 | OrdinaryDividend |
Jun 30, 2023 | $0.029 | OrdinaryDividend |
May 31, 2023 | $0.029 | OrdinaryDividend |
Apr 28, 2023 | $0.029 | OrdinaryDividend |
Mar 31, 2023 | $0.030 | OrdinaryDividend |
Feb 28, 2023 | $0.026 | OrdinaryDividend |
Jan 31, 2023 | $0.028 | OrdinaryDividend |
Dec 30, 2022 | $0.028 | OrdinaryDividend |
Nov 30, 2022 | $0.028 | OrdinaryDividend |
Oct 31, 2022 | $0.028 | OrdinaryDividend |
Sep 30, 2022 | $0.026 | OrdinaryDividend |
Aug 31, 2022 | $0.026 | OrdinaryDividend |
Jul 29, 2022 | $0.027 | OrdinaryDividend |
Jun 30, 2022 | $0.025 | OrdinaryDividend |
May 31, 2022 | $0.025 | OrdinaryDividend |
Apr 29, 2022 | $0.025 | OrdinaryDividend |
Mar 31, 2022 | $0.026 | OrdinaryDividend |
Feb 28, 2022 | $0.023 | OrdinaryDividend |
Jan 31, 2022 | $0.024 | OrdinaryDividend |
Dec 31, 2021 | $0.023 | OrdinaryDividend |
Nov 30, 2021 | $0.023 | OrdinaryDividend |
Oct 29, 2021 | $0.025 | OrdinaryDividend |
Sep 30, 2021 | $0.025 | OrdinaryDividend |
Aug 31, 2021 | $0.024 | OrdinaryDividend |
Jul 30, 2021 | $0.000 | ReturnOfCapital |
Jul 30, 2021 | $0.027 | OrdinaryDividend |
Jun 30, 2021 | $0.000 | ReturnOfCapital |
Jun 30, 2021 | $0.024 | OrdinaryDividend |
May 28, 2021 | $0.000 | ReturnOfCapital |
May 28, 2021 | $0.025 | OrdinaryDividend |
Apr 30, 2021 | $0.000 | ReturnOfCapital |
Apr 30, 2021 | $0.028 | OrdinaryDividend |
Mar 31, 2021 | $0.000 | ReturnOfCapital |
Mar 31, 2021 | $0.025 | OrdinaryDividend |
Feb 26, 2021 | $0.000 | ReturnOfCapital |
Feb 26, 2021 | $0.022 | OrdinaryDividend |
Jan 29, 2021 | $0.000 | ReturnOfCapital |
Jan 29, 2021 | $0.025 | OrdinaryDividend |
Dec 31, 2020 | $0.026 | OrdinaryDividend |
Nov 30, 2020 | $0.025 | OrdinaryDividend |
Oct 30, 2020 | $0.031 | OrdinaryDividend |
Sep 22, 2020 | $0.024 | OrdinaryDividend |
Aug 21, 2020 | $0.024 | OrdinaryDividend |
Jul 22, 2020 | $0.001 | ReturnOfCapital |
Jul 22, 2020 | $0.024 | OrdinaryDividend |
Jun 22, 2020 | $0.000 | ReturnOfCapital |
Jun 22, 2020 | $0.021 | OrdinaryDividend |
May 22, 2020 | $0.001 | ReturnOfCapital |
May 22, 2020 | $0.025 | OrdinaryDividend |
Apr 22, 2020 | $0.001 | ReturnOfCapital |
Apr 22, 2020 | $0.024 | OrdinaryDividend |
Mar 20, 2020 | $0.000 | ReturnOfCapital |
Mar 20, 2020 | $0.021 | OrdinaryDividend |
Feb 21, 2020 | $0.001 | ReturnOfCapital |
Feb 21, 2020 | $0.025 | OrdinaryDividend |
Jan 22, 2020 | $0.001 | ReturnOfCapital |
Jan 22, 2020 | $0.025 | OrdinaryDividend |
Dec 20, 2019 | $0.025 | OrdinaryDividend |
Nov 22, 2019 | $0.028 | OrdinaryDividend |
Oct 22, 2019 | $0.028 | OrdinaryDividend |
Sep 20, 2019 | $0.026 | OrdinaryDividend |
Aug 22, 2019 | $0.025 | OrdinaryDividend |
Jul 22, 2019 | $0.024 | OrdinaryDividend |
Nov 21, 2012 | $0.019 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Nov 28, 2011
10.51
10.5%
J. David Hillmeyer is head of multisector/global fixed income in the Americas. He is co-portfolio manager for the fixed rate diversified multisector, core plus, and investment grade corporate bond strategies. Prior to joining Delaware Investments in August 2007 as a vice president and corporate bond trader, he worked for more than 11 years in various roles at Hartford Investment Management Company, including senior corporate bond trader, high yield portfolio manager / trader, and quantitative analyst. He began his career as an investment advisor in January 1989 at Shawmut Bank, leaving the firm as an investment officer in November 1995. Hillmeyer earned his bachelor’s degree from Colorado State University, and he is a member of the CFA Society of Philadelphia and the Philadelphia Council for Business Economics.
Start Date
Tenure
Tenure Rank
Mar 19, 2019
3.2
3.2%
Ms. Mardarovici joined Macquarie Investment Management (MIM) in March 2019 as Senior Vice President and co-head of the firm’s multisector and core plus strategies. Prior to joining the firm, she spent more than 13 years at BMO Global Asset Management as a senior portfolio manager. Since 2014, she was a member of the management committee of TCH, BMO’s US fixed income group, and helped lead business strategy and development efforts. Mardarovici was also responsible for driving investment strategy and managing institutional portfolios and mutual funds across a wide spectrum of strategies,
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.71 | 3.19 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...