An upcoming reshuffling of the entire management team of Delaware Ivy Limited-Term Bond Fund coupled with a process overhaul leads to a more cautious assessment. It earns a Morningstar Analyst Rating of Neutral for most of its share classes and Negative for the most expensive ones.
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.