The SEC has fined Macquarie Investment Management, the parent company of Delaware Investments, $80 million according to a settlement issued on Sept. 19, 2024. Between 2017 and 2021, the SEC alleges that Macquarie improperly valued some illiquid mortgage derivative securities and improperly cross-traded them between private accounts and public mutual funds, primarily to the detriment of the funds. Macquarie noted involvement of 10 US mutual funds, including Macquarie US Core Plus Fixed Income (this fund's strategy name). The firm agreed to pay the fine without admitting or denying any wrongdoing. In view of these developments, we are placing the fund Under Review.
Delaware Diversified Income R6 DPZRX
- NAV / 1-Day Return 7.77 / −0.73 %
- Total Assets 3.1 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.360%
- Distribution Fee Level Below Average
- Share Class Type Retirement, Large
- Category Intermediate Core-Plus Bond
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 0
- Status Open
- TTM Yield 4.14%
- Effective Duration 6.15 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:53 PM GMT+0
Morningstar’s Analysis DPZRX
Will DPZRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 13.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 4.625% | 2.29 | 74.9 Mil | Government |
United States Treasury Notes 4.25% | 1.94 | 63.3 Mil | Government |
United States Treasury Notes 4.375% | 1.67 | 54.6 Mil | Government |
United States Treasury Notes 4% | 1.47 | 48.2 Mil | Government |
United States Treasury Notes 4% | 1.27 | 41.5 Mil | Government |
Federal Home Loan Mortgage Corp. 4.5% | 1.08 | 35.4 Mil | Securitized |
United States Treasury Bonds 4.625% | 0.95 | 30.9 Mil | Government |
Federal National Mortgage Association 4.5% | 0.86 | 28.1 Mil | Securitized |
Federal Home Loan Mortgage Corp. 3.5% | 0.81 | 26.6 Mil | Securitized |
MORGAN STANLEY CAPITAL I TRUST 2.041% | 0.78 | 25.5 Mil | Securitized |