Morningstar

Delaware Diversified Income R6 DPZRX

Morningstar Medalist Rating
Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 7.85  /  −0.24 %
  • Total Assets 3.2 Bil
  • Adj. Expense Ratio
    0.360%
  • Expense Ratio 0.360%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Large
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.14%
  • Effective Duration 6.15 years

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:43 PM GMT+0

Morningstar’s Analysis DPZRX

Will DPZRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DPZRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DPZRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DPZRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Placing Fund Under Review

null Maciej Kowara

Maciej Kowara

Analyst Note

The SEC has fined Macquarie Investment Management, the parent company of Delaware Investments, $80 million according to a settlement issued on Sept. 19, 2024. Between 2017 and 2021, the SEC alleges that Macquarie improperly valued some illiquid mortgage derivative securities and improperly cross-traded them between private accounts and public mutual funds, primarily to the detriment of the funds. Macquarie noted involvement of 10 US mutual funds, including Macquarie US Core Plus Fixed Income (this fund's strategy name). The firm agreed to pay the fine without admitting or denying any wrongdoing. In view of these developments, we are placing the fund Under Review.

by Maciej Kowara
Published on

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Portfolio Holdings DPZRX

More DPZRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.625%

2.29 74.9 Mil
Government

United States Treasury Notes 4.25%

1.94 63.3 Mil
Government

United States Treasury Notes 4.375%

1.67 54.6 Mil
Government

United States Treasury Notes 4%

1.47 48.2 Mil
Government

United States Treasury Notes 4%

1.27 41.5 Mil
Government

Federal Home Loan Mortgage Corp. 4.5%

1.08 35.4 Mil
Securitized

United States Treasury Bonds 4.625%

0.95 30.9 Mil
Government

Federal National Mortgage Association 4.5%

0.86 28.1 Mil
Securitized

Federal Home Loan Mortgage Corp. 3.5%

0.81 26.6 Mil
Securitized

MORGAN STANLEY CAPITAL I TRUST 2.041%

0.78 25.5 Mil
Securitized

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