Delaware Ivy Government Securities Fund
Data updated: 2024-05-28
C000190333 — Delaware Ivy Government Securities Fund. Long Securitized (MBS/ABS/CMBS) Bond · $125.47M AUM. Holdings, fees, performance and SEC filings.
C000190333 Fund Overview
Delaware Ivy Government Securities Fund is a US mutual fund managed by Ivy Funds, categorised as Long Securitized (MBS/ABS/CMBS) Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Ivy Funds
- Category: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $125.47M
- SEC CIK: 0000883622
- SEC series ID: S000058123
- Share class ID: C000190333
C000190333 Investment Objective and Strategy
Delaware Ivy Government Securities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ivy Funds.
Investment objective
To seek to provide current income consistent with preservation of capital.
Principal investment strategy
Ivy Government Securities Fund seeks to achieve its objective by investing exclusively in a diversified portfolio of U.S. government securities. U.S. government securities include: U.S. Treasury (Treasury) obligations, such as bills, bonds and notes; obligations issued or guaranteed as to principal and interest by the Treasury, and certain U.S. government agencies or instrumentalities, such as Government National Mortgage Association (Ginnie Mae); obligations of issuers that are supported by the ability of the issuer to borrow from the U.S. Treasury; and obligations of U.S. government-sponsored entities that are neither issued nor guaranteed by the U.S. government, such as the Federal Home Loan Mortgage Corporation (Freddie Mac) and Federal National Mortgage Association (Fannie Mae). The Fund may invest in mortgage-backed securities issued by U.S.
government-sponsored entities or agencies or instrumentalities of U.S. government agencies. The Fund has no limitations on the range of maturities of the debt securities in which it may invest. IICO may look at a number of factors in selecting securities for the Funds portfolio. These include utilizing economic research and analyzing interest rate trends to determine which types of securities to emphasize at a given time. IICO attempts to enhance Fund performance by utilizing opportunities presented by the shape and slope of the yield curve. Generally, in determining whether to sell a security, IICO uses the same type of analysis that it uses when buying securities to determine whether the security continues to be a desired investment for the Fund. IICO also may sell a security to reduce the Funds holding in that security, to take advantage of what it believes are more attractive investment opportunities or to raise cash.
C000190333 Holdings
Top 10 holdings of Delaware Ivy Government Securities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| US Treasury N/b | 7.72% |
| US Treasury N/b | 6.13% |
| US Treasury N/b | 6.08% |
| US Treasury N/b | 5.89% |
| US Treasury N/b | 4.79% |
| Freddie Mac | 3.33% |
| Fannie Mae | 2.65% |
| Freddie Mac | 2.59% |
| US Treasury N/b | 2.51% |
| Fannie Mae | 2.31% |
C000190333 Portfolio Allocation
Asset-class allocation of Delaware Ivy Government Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 48.9% |
| Fixed Income | 48.0% |
| Cash & Equivalents | 2.7% |
C000190333 Costs and Fees
C000190333 costs about $134 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.34%
- Gross expense ratio: 1.34%
- Portfolio turnover: 136%
- Brokerage commissions: 0.21 bps of average net assets (SEC N-CEN)
C000190333 Cashflows
Over the 12 months to 2024-03, Delaware Ivy Government Securities Fund had net inflows of $79.99M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-03 | −$2.46M |
| 2024-02 | −$8.93M |
| 2024-01 | −$1.73M |
| 2023-12 | $7.19M |
| 2023-11 | $18.78M |
| 2023-10 | $8.01M |
C000190333 Debt Constituents
Largest debt holdings of Delaware Ivy Government Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| US Treasury N/b | 7.72% |
| US Treasury N/b | 6.13% |
| US Treasury N/b | 6.08% |
| US Treasury N/b | 5.89% |
| US Treasury N/b | 4.79% |
| US Treasury N/b | 2.51% |
| Wi Treas. Nt/bd | 2.11% |
| US Treasury N/b | 1.85% |
| US Treasury N/b | 1.71% |
| US Treasury N/b | 1.56% |
C000190333 Prospectus and SEC Filings
Official Delaware Ivy Government Securities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-01-26
- Prospectus (485BPOS) — filed 2023-01-27
- Prospectus (485BPOS) — filed 2022-01-28
- Portfolio holdings (N-PORT) — filed 2024-05-28
- Portfolio holdings (N-PORT) — filed 2024-02-27
- Portfolio holdings (N-PORT) — filed 2023-11-21
- Annual census (N-CEN) — filed 2023-12-11
- Annual census (N-CEN) — filed 2022-12-13
Related Funds
Other Long Securitized (MBS/ABS/CMBS) Bond funds tracked on ABC INVEST:
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.