DDFAX Fees and Costs — Macquarie Floating Rate Fund, Class A
Data updated: 2026-10-14
The net expense ratio is 0.92%. This share class carries a maximum front-end sales load of 2.75%. In fiscal 2026 the fund paid $2K in broker commissions, 0.0003% of average net assets, and portfolio turnover was 92%.
DDFAX Fees and Expenses
Annual operating expenses and sales charges of DDFAX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.92% |
| Fee waiver | — |
| Net expense ratio | 0.92% |
| Sales charges | |
|---|---|
| Max front load | 2.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
DDFAX Costs Over Time
On $10,000 invested in DDFAX, assuming 5% a year before costs, total costs come to $912 over 5 years, cutting the return by 1.54% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $275 | $275 | $275 |
| Fund expenses (net expense ratio 0.92%) | $94 | $293 | $509 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $14 | $58 | $127 |
| Total costs | $383 | $626 | $912 |
| Value after costs | $10,117 | $10,950 | $11,851 |
| Impact on return, per year | 3.83% | 1.93% | 1.54% |
DDFAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0003%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $1.0B
- Portfolio turnover (prospectus): 92%
DDFAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $2K | 100.00% |
DDFAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $331.6M | 36.17% |
| J.P. Morgan Securities LLC | $184.5M | 20.13% |
| GOLDMAN SACHS & CO. LLC | $88.5M | 9.65% |
| MORGAN STANLEY & CO. LLC | $61.9M | 6.75% |
| BOFA SECURITIES, INC. | $50.6M | 5.52% |
| JEFFERIES LLC | $50.3M | 5.48% |
| WELLS FARGO SECURITIES, LLC | $47.4M | 5.16% |
| CitiGroup Global Markets Inc. | $38.4M | 4.19% |
| BARCLAYS CAPITAL, INC. | $32.4M | 3.54% |
| UBS SECURITIES LLC | $31.3M | 3.41% |
Macquarie Floating Rate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DDFZX | Class R6 | 0.60% | none |
| DDFLX | Institutional Class | 0.67% | none |
| DDFAX | Class A | 0.92% | 2.75% |
| DDFFX | Class R | 1.17% | none |
| DDFCX | Class C | 1.67% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.