Delaware Ivy Limited-Term Bond is a straightforward offering within the short-term bond Morningstar Category. While the strategy is managed by an experienced portfolio manager, the supporting team is lean, and the process lacks a definite structure. The strategy’s two cheaper asset classes earn a Morningstar Analyst rating of Neutral, and the remaining five more expensive share classes are rated Negative.
Will IVLEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IVLEX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the IVLEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of IVLEX’s parent organization’s priorities and whether they’re in line with investors’ interests.