Delaware Diversified Income Fund

Key features

  • A flexible core bond fund designed to weather market cycles
  • An actively managed bond portfolio emphasizing risk control and income generation
  • An experienced management team with nearly 30 years of industry experience
Fund information
Inception date12/29/1997
Dividends paid (if any)Monthly
Capital gains paid (if any)November or December
Fund identifiers
NASDAQDPDFX
CUSIP246248744
Investment minimums
Initial investment$1,000
Subsequent Investments$100
Systematic withdrawal balance$5,000
Account features
Payroll DeductionYes
IRAsYes

On Sept. 25, 2014, Class B shares of the Fund converted to Class A shares.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted.

Total returns may reflect waivers and/or expense reimbursements by the manager and/or distributor for some or all of the periods shown. Performance would have been lower without such waivers and reimbursements.

Average annual total return

as of month-end (07/31/2018)

as of quarter-end (06/30/2018)

YTD1 year3 year5 year10 yearLifetimeInception date
NAV (view definition)-1.99%-1.11%1.60%2.41%4.85%6.31%12/29/1997
Max offer price-6.39%-5.52%0.04%1.47%4.38%6.07%
Bloomberg Barclays US Aggregate Index-1.59%-0.80%1.49%2.25%3.73%n/a
1 year3 year5 year10 yearLifetimeInception date
NAV (view definition)-1.24%-0.54%1.67%2.48%4.82%6.33%12/29/1997
Max offer price-5.64%-5.00%0.11%1.54%4.33%6.09%
Bloomberg Barclays US Aggregate Index-0.16%-0.40%1.72%2.27%3.72%n/a

Returns for less than one year are not annualized.

Class A shares have a maximum up-front sales charge of 4.50% and are subject to an annual distribution fee.

Index performance returns do not reflect any management fees, transaction costs, or expenses. Indices are unmanaged and one cannot invest directly in an index.

Expense ratio
Gross0.89%
Net0.70%

Net expense ratio reflects a contractual waiver of certain fees and/or expense reimbursements from April 1, 2018 through April 1, 2019. Please see the fee table in the Fund's prospectus for more information.

Quarterly total returns @ NAV
Year1st quarter2nd quarter3rd quarter4th quarterAnnual return
2018-0.96%-1.24%n/an/an/a
20171.50%2.00%1.17%0.50%5.26%
20162.35%2.63%1.05%-2.42%3.56%
20151.89%-1.55%-0.28%-1.17%-1.15%
20142.45%2.50%-0.47%0.57%5.11%
20130.32%-3.63%0.83%1.17%-1.37%
20121.29%2.24%2.65%0.55%6.88%
20111.23%2.00%0.79%2.22%6.38%
20103.06%1.09%3.79%-0.32%7.77%
20090.44%10.21%9.67%3.28%25.38%
20082.31%-1.79%-3.93%-0.77%-4.20%
Portfolio characteristics - as of 07/31/2018Bloomberg Barclays US Aggregate Index
Number of holdings1,52610,038
Number of credit issuers507
Portfolio turnover (last fiscal year)125%n/a
Effective duration (weighted average) (view definition)5.72 years6.02 years
Effective maturity (weighted average) (view definition)8.74 years8.41 years
Yield to maturity (view definition)4.43%3.36%
Average market price (view definition)$99.48$99.67
Average coupon (view definition)4.37%3.13%
Yield to worst (view definition)4.32%3.36%
SEC 30-day yield with waiver (view definition)4.17%
SEC 30-day yield without waiver (view definition)3.99%
Annualized standard deviation, 3 years (view definition)2.56n/a
Portfolio composition as of 07/31/2018Total may not equal 100% due to rounding.
High grade securities70.8%
High yield securities16.9%
Emerging markets10.5%
International developed1.9%
Top 10 fixed income holdings as of 07/31/2018

Holdings are as of the date indicated and subject to change.

List excludes cash and cash equivalents.

Holding% of portfolio
United States Treasury Note Bond 2.875 5/15/20286.07%
United States Treasury Note Bond 2.625 6/30/20233.90%
United States Treasury Note Bond 1.250 6/30/20192.02%
United States Treasury Note Bond 2.750 7/31/20231.00%
Dow Chemical Co. 8.550 5/15/20190.80%
FN AL99030.66%
USB Capital IX 3.500 10/29/20490.56%
Colombian TES 7.000 6/30/20320.55%
KeyBank NA Cleveland OH 6.950 2/1/20280.48%
Georgia-Pacific LLC 8.000 1/15/20240.43%
Total % Portfolio in Top 10 holdings16.47%