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DELAWARE SMALL CAP CORE FUND
mutual fund
DCCIX
Payout Change
Pending
Price as of:
$32.73
-0.31
-0.94%
primary theme
U.S. Small-Cap Blend Equity
share class
DCCIX (Mutual Fund)
DELAWARE SMALL CAP CORE FUND
Payout Change
Pending
Price as of:
$32.73
-0.31
-0.94%
primary theme
U.S. Small-Cap Blend Equity
share class
DCCIX (Mutual Fund)
DELAWARE SMALL CAP CORE FUND
Payout Change
Pending
Price as of:
$32.73
-0.31
-0.94%
primary theme
U.S. Small-Cap Blend Equity
share class
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
17.4%
1 yr return
25.0%
3 Yr Avg Return
4.8%
5 Yr Avg Return
10.1%
Net Assets
$7.44 B
Holdings in Top 10
14.6%
52 WEEK LOW AND HIGH
$33.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.84%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 24.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
DCCIX - Profile
Distributions
- YTD Total Return 17.4%
- 3 Yr Annualized Total Return 4.8%
- 5 Yr Annualized Total Return 10.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.19%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameDELAWARE SMALL CAP CORE FUND
-
Fund Family NameDelaware Funds by Macquarie
-
Inception DateAug 03, 2005
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Adams
Fund Description
The Fund invests primarily in stocks of small companies that its investment manager, Delaware Management Company (Manager), believes have a combination of attractive valuations, growth prospects, and strong cash flows. Under normal circumstances, at least 80% of the Fund’s net assets, plus the amount of any borrowings for investment purposes, will be in investments of small-capitalization companies (80% policy). The Fund considers small-capitalization companies to be companies within the market capitalization range of the Russell 2000® Index at the time of purchase.
The Manager may permit its affiliate, Macquarie Investment Management Global Limited (MIMGL), to execute Fund security trades on behalf of the Manager. The Manager may also seek quantitative support from MIMGL.
The Fund’s 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.
DCCIX - Performance
Return Ranking - Trailing
| Period | DCCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.4% | -1.0% | 40.8% | 43.43% |
| 1 Yr | 25.0% | 0.0% | 51.3% | 46.67% |
| 3 Yr | 4.8%* | -11.6% | 45.9% | 53.56% |
| 5 Yr | 10.1%* | -12.1% | 35.2% | 45.18% |
| 10 Yr | 9.4%* | -2.6% | 18.7% | 28.28% |
* Annualized
Return Ranking - Calendar
| Period | DCCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.0% | -19.9% | 29.0% | 72.08% |
| 2022 | -19.0% | -59.3% | 118.2% | 36.73% |
| 2021 | 15.5% | -31.6% | 39.3% | 26.95% |
| 2020 | 14.4% | -51.0% | 39.5% | 34.07% |
| 2019 | 23.5% | -5.6% | 37.8% | 28.66% |
Total Return Ranking - Trailing
| Period | DCCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.4% | -1.0% | 40.8% | 43.43% |
| 1 Yr | 25.0% | 0.0% | 51.3% | 46.67% |
| 3 Yr | 4.8%* | -11.6% | 45.9% | 53.56% |
| 5 Yr | 10.1%* | -12.1% | 35.2% | 45.18% |
| 10 Yr | 9.4%* | -2.6% | 18.7% | 28.28% |
* Annualized
Total Return Ranking - Calendar
| Period | DCCIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.0% | -11.7% | 31.8% | 73.04% |
| 2022 | -15.9% | -45.2% | 123.7% | 38.27% |
| 2021 | 23.2% | 0.0% | 45.6% | 51.37% |
| 2020 | 14.6% | -50.5% | 46.9% | 42.48% |
| 2019 | 26.0% | 2.2% | 40.9% | 31.80% |
NAV & Total Return History
DCCIX - Holdings
Concentration Analysis
| DCCIX | Category Low | Category High | DCCIX % Rank | |
|---|---|---|---|---|
| Net Assets | 7.44 B | 555 K | 145 B | 5.13% |
| Number of Holdings | 145 | 2 | 2445 | 51.33% |
| Net Assets in Top 10 | 1.12 B | 124 K | 10.3 B | 4.18% |
| Weighting of Top 10 | 14.61% | 3.1% | 100.1% | 62.21% |
Top 10 Holdings
- Q2 Holdings Inc 1.68%
- Prestige Consumer Healthcare Inc 1.59%
- Federal Signal Corp 1.51%
- Insmed Inc 1.48%
- Steven Madden Ltd 1.48%
- Halozyme Therapeutics Inc 1.46%
- Boise Cascade Co 1.39%
- Summit Materials Inc 1.39%
- Applied Industrial Technologies Inc 1.36%
- Minerals Technologies Inc 1.28%
Asset Allocation
| Weighting | Return Low | Return High | DCCIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.21% | 4.44% | 107.74% | 25.10% |
| Cash | 0.83% | 0.00% | 27.02% | 69.96% |
| Preferred Stocks | 0.00% | 0.00% | 5.13% | 8.17% |
| Other | 0.00% | -0.07% | 49.08% | 48.48% |
| Convertible Bonds | 0.00% | 0.00% | 3.17% | 7.05% |
| Bonds | 0.00% | 0.00% | 102.81% | 14.64% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | DCCIX % Rank | |
|---|---|---|---|---|
| Industrials | 17.58% | 2.46% | 37.42% | 38.65% |
| Healthcare | 17.53% | 0.00% | 26.53% | 6.15% |
| Financial Services | 16.06% | 0.00% | 35.52% | 40.19% |
| Technology | 12.66% | 0.00% | 43.95% | 70.19% |
| Consumer Cyclical | 8.91% | 0.99% | 47.79% | 80.00% |
| Real Estate | 7.29% | 0.00% | 29.43% | 48.46% |
| Energy | 5.92% | 0.00% | 37.72% | 54.62% |
| Basic Materials | 5.82% | 0.00% | 18.66% | 26.35% |
| Consumer Defense | 3.15% | 0.00% | 18.87% | 75.77% |
| Communication Services | 2.57% | 0.00% | 14.85% | 53.46% |
| Utilities | 2.52% | 0.00% | 18.58% | 47.31% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | DCCIX % Rank | |
|---|---|---|---|---|
| US | 99.21% | 2.58% | 107.74% | 22.62% |
| Non US | 0.00% | 0.00% | 97.07% | 20.53% |
DCCIX - Expenses
Operational Fees
| DCCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.84% | 0.01% | 38.30% | 70.23% |
| Management Fee | 0.63% | 0.00% | 1.50% | 31.87% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
| DCCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| DCCIX 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.
| DCCIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 24.00% | 1.00% | 314.00% | 22.74% |
DCCIX - Distributions
Dividend Yield Analysis
| DCCIX | Category Low | Category High | DCCIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.49% | 0.00% | 42.47% | 13.88% |
Dividend Distribution Analysis
| DCCIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| DCCIX | Category Low | Category High | DCCIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.19% | -2.40% | 2.49% | 48.85% |
Capital Gain Distribution Analysis
| DCCIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2023 | $0.162 | OrdinaryDividend |
| Dec 18, 2023 | $0.021 | CapitalGainShortTerm |
| Dec 18, 2023 | $0.818 | CapitalGainLongTerm |
| Dec 16, 2022 | $0.968 | OrdinaryDividend |
| Dec 17, 2021 | $1.988 | OrdinaryDividend |
| Dec 18, 2020 | $0.054 | OrdinaryDividend |
| Dec 19, 2019 | $0.096 | OrdinaryDividend |
| Dec 19, 2019 | $0.039 | CapitalGainShortTerm |
| Dec 19, 2019 | $0.345 | CapitalGainLongTerm |
| Dec 21, 2018 | $0.014 | CapitalGainShortTerm |
| Dec 21, 2018 | $1.954 | CapitalGainLongTerm |
| Dec 21, 2018 | $0.091 | OrdinaryDividend |
| Dec 22, 2017 | $0.235 | CapitalGainShortTerm |
| Dec 22, 2017 | $1.687 | CapitalGainLongTerm |
| Dec 22, 2017 | $0.025 | OrdinaryDividend |
| Dec 22, 2016 | $0.239 | CapitalGainLongTerm |
| Dec 22, 2016 | $0.015 | OrdinaryDividend |
| Dec 22, 2015 | $0.002 | CapitalGainShortTerm |
| Dec 22, 2015 | $0.588 | CapitalGainLongTerm |
| Dec 22, 2014 | $0.115 | CapitalGainShortTerm |
| Dec 22, 2014 | $0.963 | CapitalGainLongTerm |
| Dec 20, 2013 | $0.498 | CapitalGainLongTerm |
| Dec 21, 2012 | $0.044 | OrdinaryDividend |
| Dec 22, 2010 | $0.070 | OrdinaryDividend |
| Dec 22, 2009 | $0.005 | OrdinaryDividend |
| Dec 22, 2008 | $0.032 | OrdinaryDividend |
| Dec 21, 2007 | $0.137 | CapitalGainShortTerm |
| Dec 21, 2007 | $0.355 | CapitalGainLongTerm |
| Dec 21, 2006 | $0.243 | CapitalGainShortTerm |
| Dec 21, 2006 | $0.177 | CapitalGainLongTerm |
| Dec 22, 2004 | $0.740 | CapitalGainShortTerm |
| Dec 22, 2004 | $3.512 | CapitalGainLongTerm |
| Dec 22, 2004 | $0.025 | OrdinaryDividend |
| Dec 22, 2003 | $0.270 | CapitalGainShortTerm |
| Dec 22, 2003 | $0.673 | CapitalGainLongTerm |
| Dec 22, 2003 | $0.044 | OrdinaryDividend |
| Dec 20, 2002 | $0.521 | CapitalGainLongTerm |
| Dec 20, 2002 | $0.075 | OrdinaryDividend |
| Dec 21, 2001 | $0.339 | CapitalGainShortTerm |
| Dec 21, 2001 | $0.541 | CapitalGainLongTerm |
| Dec 21, 2001 | $0.108 | OrdinaryDividend |
| Dec 26, 2000 | $0.153 | OrdinaryDividend |
| Dec 22, 1999 | $0.135 | OrdinaryDividend |
| Dec 22, 1999 | $0.584 | CapitalGainShortTerm |
DCCIX - Fund Manager Analysis
Managers
Christopher Adams
Start Date
Tenure
Tenure Rank
Nov 01, 2004
17.59
17.6%
Christopher S. Adams, CFA Vice President, Senior Portfolio Manager Christopher S. Adams is a senior portfolio manager on the firm’s US Core Equity team and performs analysis and research to support the portfolio management function. He joined the team in 2000 and became a portfolio manager in November 2004. Prior to joining Macquarie Investment Management (MIM) in 1995 as assistant vice president of strategic planning, Adams had approximately 10 years of experience in the financial services industry in the United States and United Kingdom, including positions with Coopers & Lybrand, The Sumitomo Bank, Bank of America, and Lloyds Bank. Adams holds both bachelor’s and master’s degrees in history and economics from the University of Oxford, England, and received an MBA with dual concentrations in finance and insurance/risk management from The Wharton School of the University of Pennsylvania. He is a past president of the CFA Society of Philadelphia.
Michael Morris
Start Date
Tenure
Tenure Rank
Nov 01, 2004
17.59
17.6%
David E. Reidinger Vice President, Senior Portfolio Manager David E. Reidinger joined Macquarie Investment Management (MIM) in October 2016 as a senior portfolio manager on the firm’s US Core Equity team. He also performs analysis and research to support the portfolio management function. From June 2004 to September 2016, Reidinger was a senior analyst and portfolio manager at Chartwell Investment Partners, where he worked on the firm’s small- and mid-cap growth strategies. Before that, Reidinger was a portfolio manager with Morgan Stanley Investment Management from 2000 to 2003, and a senior equity analyst with Tiger Management from 1998 to 2000. Reidinger began his career in 1993 as an equity research analyst with Goldman Sachs. With more than 20 years of experience as an analyst, he has covered a broad range of industries within the information technology, consumer, and industrial sectors. Reidinger earned bachelor’s degrees in both mathematics and economics from Fordham University, and an MBA from Columbia Business School.
Francis Morris
Start Date
Tenure
Tenure Rank
Nov 01, 2004
17.59
17.6%
Francis X. Morris joined Macquarie Investment Management (MIM) in 1997 as a vice president and portfolio manager, and became the chief investment officer for US Core Equity investments in 2004. He is a member of the MIM Global Management Committee and a former Trustee for the Macquarie Management Holdings, Inc. 401(k) and Retirement Plan. Prior to joining the firm, Morris was vice president and director of equity research at PNC Asset Management. He received a bachelor's degree from Providence College and holds an MBA from Widener University. He is a former member of the Business Advisory Council of the Providence College School of Business. Morris is a past president of the CFA Society of Philadelphia and is a member of the CFA Institute. He is a former officer of the National Association of Petroleum Investment Analysts.
Donald Padilla
Start Date
Tenure
Tenure Rank
Nov 01, 2004
17.59
17.6%
Donald G. Padilla, CFA Vice President, Senior Portfolio Manager Donald G. Padilla is a senior portfolio manager on the firm’s US Core Equity team and performs analysis and research to support the portfolio management function. He joined the team in 2000 and became a portfolio manager in November 2004. Padilla joined Macquarie Investment Management (MIM) in 1994 as assistant controller in the firm’s treasury function, responsible for managing corporate cash investments, developing financial models, and overseeing the financial operations of the Lincoln Life 401(k) annuities segment. Prior to joining the firm, he held various positions at The Vanguard Group. Padilla holds a bachelor’s degree in accounting from Lehigh University, and he is a member of the CFA Society of Philadelphia.
David Reidinger
Start Date
Tenure
Tenure Rank
Oct 19, 2016
5.62
5.6%
David E. Reidinger Vice President, Senior Portfolio Manager David E. Reidinger joined Macquarie Investment Management (MIM) in October 2016 as a senior portfolio manager on the firm’s US Core Equity team. He also performs analysis and research to support the portfolio management function. From June 2004 to September 2016, Reidinger was a senior analyst and portfolio manager at Chartwell Investment Partners, where he worked on the firm’s small- and mid-cap growth strategies. Before that, Reidinger was a portfolio manager with Morgan Stanley Investment Management from 2000 to 2003, and a senior equity analyst with Tiger Management from 1998 to 2000. Reidinger began his career in 1993 as an equity research analyst with Goldman Sachs. With more than 20 years of experience as an analyst, he has covered a broad range of industries within the information technology, consumer, and industrial sectors. Reidinger earned bachelor’s degrees in both mathematics and economics from Fordham University, and an MBA from Columbia Business School.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 49.61 | 7.17 | 2.58 |
