DEDAX Fees and Costs — Macquarie Emerging Markets Debt Corporate Fund, Class A
Data updated: 2026-10-14
The net expense ratio is 1.05%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.35% other expenses, less a 0.31% fee waiver. This share class carries a maximum front-end sales load of 4.50%. Portfolio turnover was 89%.
DEDAX Fees and Expenses
Annual operating expenses and sales charges of DEDAX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.35% |
| Gross expense ratio | 1.36% |
| Fee waiver | −0.31% |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | 4.50% |
| Max deferred load | 0.00% |
| Redemption fee | — |
DEDAX Costs Over Time
On $10,000 invested in DEDAX, assuming 5% a year before costs, total costs come to $1,201 over 5 years, cutting the return by 2.05% 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 | $450 | $450 | $450 |
| Fund expenses (net expense ratio 1.05%) | $105 | $328 | $569 |
| Lost growth on money paid in costs | $22 | $87 | $182 |
| Total costs | $578 | $866 | $1,201 |
| Value after costs | $9,922 | $10,711 | $11,562 |
| Impact on return, per year | 5.78% | 2.68% | 2.05% |
DEDAX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $209.7M
- Portfolio turnover (prospectus): 89%
DEDAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $27.7M | 17.50% |
| CitiGroup Global Markets Inc. | $24.7M | 15.65% |
| BOFA SECURITIES, INC. | $21.9M | 13.83% |
| HSBC SECURITIES (USA), INC. | $17.2M | 10.89% |
| GOLDMAN SACHS & CO. LLC | $14.2M | 8.96% |
| MORGAN STANLEY & CO. LLC | $12.8M | 8.13% |
| BARCLAYS CAPITAL, INC. | $10.7M | 6.76% |
| JEFFERIES LLC | $10.5M | 6.64% |
| DEUTSCHE BANK SECURITIES, INC. | $10.0M | 6.31% |
| Jane Street Execution Services, LLC | $8.4M | 5.34% |
Macquarie Emerging Markets Debt Corporate Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DEDIX | Institutional Class | 0.80% | none |
| DEDAX | Class A | 1.05% | 4.50% |
| DEDCX | Class C | 1.80% | 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.