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Morningstar

Delaware Ivy Natural Resources R IGNRX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 16.83  /  0.71 %
  • Total Assets 288.3 Mil
  • Adj. Expense Ratio
    1.780%
  • Expense Ratio 1.580%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Medium
  • Category Natural Resources
  • Investment Style Mid Value
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 1.94%
  • Turnover 116%

USD | NAV as of Jan 28, 2023 | 1-Day Return as of Jan 28, 2023, 1:16 AM GMT+00:00

Morningstar’s Analysis IGNRX

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

People Pillar

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

Summary

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The combination of an Average People Pillar rating and a Low Process Pillar rating limit Delaware Ivy Natural Resources R 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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