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Morningstar

Delaware Ivy Corporate Bond Fund Class A IBJAX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 15.87  /  0.25 %
  • Total Assets 381.3 Mil
  • Adj. Expense Ratio
    1.010%
  • Expense Ratio 0.960%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 750
  • Status Open
  • TTM Yield 2.47%
  • Effective Duration —

USD | NAV as of Jan 30, 2023 | 1-Day Return as of Jan 30, 2023, 11:36 PM GMT+00:00

Morningstar’s Analysis IBJAX

Will IBJAX 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 IBJAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the IBJAX 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 IBJAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

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Weakness in Delaware Ivy Corporate Bond Fund Class A's Process and People Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

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