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Morningstar

Delaware Ivy Small Cap Growth A WSGAX

Morningstar Medalist Rating
Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 13.12  /  +1.71 %
  • Total Assets 1.3 Bil
  • Adj. Expense Ratio
    1.140%
  • Expense Ratio 1.140%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Small Growth
  • Investment Style Small Growth
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield —
  • Turnover 55%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:24 PM GMT+0

Morningstar’s Analysis WSGAX

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

  • People Pillar

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

Reasonable but not compelling.

Strategist Robby Greengold

Robby Greengold

Strategist

Summary

We have qualitatively reviewed this strategy and reaffirmed its Process and People ratings. Delaware Ivy Small Cap Growth, which at the end of 2024 will be renamed to Macquarie Small Cap Growth, has in place a reasonable investment process run by veteran portfolio managers, but their advantages remain elusive. The following text is from June 30, 2023.

by Robby Greengold
Rated on Published on

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Portfolio Holdings WSGAX

More WSGAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CyberArk Software Ltd

3.61 46.3 Mil
Technology

ATI Inc

2.98 38.1 Mil
Industrials

Federal Signal Corp

2.93 37.6 Mil
Industrials

Onto Innovation Inc

2.77 35.5 Mil
Technology

Clean Harbors Inc

2.51 32.1 Mil
Industrials

Parsons Corp

2.45 31.4 Mil
Technology

AeroVironment Inc

2.44 31.3 Mil
Industrials

Vericel Corp

2.28 29.2 Mil
Healthcare

Red Rock Resorts Inc Class A

2.11 27.1 Mil
Consumer Cyclical

Houlihan Lokey Inc Class A

2.11 27.0 Mil
Financial Services