Delaware VIP Diversified Income Series
Data updated: 2021-05-26
C000006677 — Delaware VIP Diversified Income Series. Bond · $2.79B AUM · 0.60% expense ratio · 8.8% 1-yr return. Holdings, fees, performance and SEC filings.
C000006677 Fund Overview
Delaware VIP Diversified Income Series is a US mutual fund managed by Delaware VIP Trust, categorised as Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Delaware VIP Trust
- Category: Bond
- Assets under management: $2.79B
- 1-year return: 8.8%
- SEC CIK: 0000814230
- SEC series ID: S000002481
- Share class ID: C000006677
C000006677 Investment Objective and Strategy
Delaware VIP Diversified Income Series describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Delaware VIP Trust.
Investment objective
Delaware VIP Diversified Income Series seeks maximum long-term total return, consistent with reasonable risk.
Principal investment strategy
The Series allocates its investments principally among the following four sectors of the fixed income securities markets: the US investment grade sector, the US high yield sector, the international developed markets sector, and the emerging markets sector. Under normal circumstances, the Series will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities (80% policy). The Series? investment manager, Delaware Management Company (Manager), will determine how much of the Series to allocate to each of the four sectors, based on its evaluation of economic and market conditions and its assessment of the returns and potential for appreciation that can be achieved from investments in each of the four sectors. The Manager will periodically reallocate the Series?
assets as deemed necessary. Under normal circumstances, between 5% and 35% of the Series' net assets will be allocated to the US high yield sector. The Series' investments in emerging markets will, in the aggregate, be limited to no more than 20% of the Series' net assets. The Series will limit its investments in foreign securities to no more than 40% of its net assets, but total non-US-dollar currency will be limited, in the aggregate, to 20% of its net assets. The Series will seek to hedge its foreign currency exposure by entering into forward foreign currency contracts. The Series may hold a substantial portion of its assets in cash or short-term fixed income obligations in unusual market conditions to meet redemption requests, for temporary defensive purposes, or for a pending investment.
The Series may also use a wide range of derivatives instruments, typically including options, futures contracts, options on futures contracts, forward foreign currency contracts, and swaps. The Series will use derivatives for both hedging and nonhedging purposes. For example, the Series may invest in: futures and options to manage duration and for defensive purposes, such as to protect gains or hedge against potential losses in the portfolio without actually selling a security, or to stay fully invested; forward foreign currency contracts to manage foreign currency exposure; interest rate swaps to neutralize the impact of interest rate changes; credit default swaps to hedge against a credit event, to manage credit exposure, or to enhance total return; and index swaps to enhance return or to effect diversification.
The Series will not use derivatives for reasons inconsistent with its investment objective. The Series? 80% policy is nonfundamental and may be changed without shareholder approval. Series shareholders would be given at least 60 days? notice prior to any such change.
C000006677 Performance
Total returns for C000006677 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 8.8% |
C000006677 Risk Information
Risk metrics for C000006677, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.4%
C000006677 Costs and Fees
C000006677 costs about $60 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.60%
- Gross expense ratio: 0.64%
- Portfolio turnover: 171%
- Brokerage commissions: 0.15 bps of average net assets (SEC N-CEN)
C000006677 Cashflows
Over the 12 months to 2021-03, Delaware VIP Diversified Income Series had net inflows of $603.42M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-03 | $57.37M |
| 2021-02 | $42.50M |
| 2021-01 | $58.63M |
| 2020-12 | $57.25M |
| 2020-11 | $21.25M |
| 2020-10 | $27.69M |
C000006677 Debt Constituents
No individual debt constituents are reported in Delaware VIP Diversified Income Series's latest SEC N-PORT filing.
C000006677 Prospectus and SEC Filings
Official Delaware VIP Diversified Income Series filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-05-15
- Prospectus (485BPOS) — filed 2019-05-16
- Prospectus supplement (497) — filed 2020-05-19
- Portfolio holdings (N-PORT) — filed 2021-05-26
- Portfolio holdings (N-PORT) — filed 2021-02-19
- Portfolio holdings (N-PORT) — filed 2020-11-25
- Annual census (N-CEN) — filed 2021-03-10
- Annual census (N-CEN) — filed 2020-03-12
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.