Delaware Ivy Small Cap Core’s mandate and management are being replaced, as the small-core strategy will transition to small-mid core in November 2021 and be renamed Delaware Ivy Smid Cap Core. The new team doesn’t have an extensive small-mid-cap track record and has an overabundance of responsibilities across multiple strategies. Each share class receives a Morningstar Analyst Rating of Neutral.
Delaware Ivy Smid Cap Core Fund Class A IYSAX
NAV / 1-Day Return
17.70
/
1.17
%
Total Assets
617.3 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.380%
Expense Ratio
1.380%
Fee Level
Above Average
Longest Manager Tenure
0.20
years
Category
Small Blend
Investment Style
Small BlendMin. Initial Investment
750
Status
Open
TTM Yield
0.00%
Turnover
127%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will IYSAX 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 IYSAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the IYSAX 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 IYSAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A new regime and mandate.
