DEDRX — Delaware Emerging Markets Debt Fund

DEDRX Fund Overview

DEDRX — Delaware Emerging Markets Debt Fund is a US mutual fund managed by Delaware Group Government Fund, categorised as Intermediate Corporate 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 Group Government Fund
• Category: Intermediate Corporate Bond
• Assets under management: $72.06M
• 1-year return: 10.0%
• Ticker: DEDRX
• SEC CIK: 0000769220
• SEC series ID: S000041892
• Share class ID: C000130081

DEDRX Investment Objective and Strategy

Delaware Emerging Markets Debt Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Delaware Group Government Fund.

Investment objective

Delaware Emerging Markets Debt Fund primarily seeks current income and, secondarily, capital appreciation.

Principal investment strategy

Under normal circumstances, the Fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in emerging markets debt instruments (80% policy). For purposes of the 80% policy, emerging markets debt instruments include those that are (1) economically tied to an emerging market country or countries, (2) issued or guaranteed by a company, government or government entity domiciled or conducting significant business activities in an emerging market country, (3) derivatives or pooled structures (such as exchange-traded funds (ETFs)) that are linked to emerging markets debt securities, or (4) securities denominated in, or linked to, currencies or interest rates of an emerging market country or countries. Emerging market countries include those currently considered to be developing or emerging countries by the World Bank, the United Nations, the countries?

governments, or in the judgment of the Fund?s investment manager, Delaware Management Company (Manager). These debt instruments will be denominated primarily in the currencies of members of the Organization for Economic Cooperation and Development (OECD) and in other emerging markets? currencies and may include a significant percentage of high yield (junk) bonds. While there is no percentage limit on the amount of the Fund?s assets that may be invested in high yield (junk) bonds, the Manager generally expects that 50% of the Fund?s assets will be invested in high yield bonds. The Fund may also use a wide variety of derivatives instruments, including credit linked notes, interest rate, index and credit default swaps, forward foreign currency contracts, futures, and options. The Fund will use derivatives for both hedging and nonhedging purposes.

For example, the Fund 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 Fund 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 gain exposure to certain securities or markets, or to enhance total return; and index swaps to enhance return or to effect diversification. The Manager may also establish short positions through derivatives in an attempt to isolate, manage, or reduce the risk of individual positions, or positions in the aggregate, or to take advantage of an anticipated deterioration in the creditworthiness of an issuer.

The Fund may employ leverage, such as by entering into reverse repurchase transactions, to attempt to take advantage of or increase the total return of attractive investment opportunities. The 80% policy is nonfundamental and may be changed without shareholder approval. Fund shareholders would be given at least 60 days? notice prior to any such change.

DEDRX Holdings

Top 10 holdings of Delaware Emerging Markets Debt Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all DEDRX holdings

DEDRX Portfolio Allocation

Asset-class allocation of Delaware Emerging Markets Debt Fund by percentage of net assets, from the latest SEC N-PORT filing.

DEDRX Performance

Total returns for DEDRX (as of 2026-10-01), from SEC filings.

DEDRX Risk Information

Risk metrics for DEDRX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 8.6%

DEDRX Costs and Fees

DEDRX costs about $129 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.29%
• Gross expense ratio: 1.68%
• Portfolio turnover: 89%
• Brokerage commissions: 0.05 bps of average net assets (SEC N-CEN)

DEDRX Cashflows

Over the 12 months to 2026-04, Delaware Emerging Markets Debt Fund had net outflows of $7.49M, from monthly SEC N-PORT filings.

DEDRX Debt Constituents

Largest debt holdings of Delaware Emerging Markets Debt Fund by percentage of net assets, from the latest SEC N-PORT filing.

DEDRX Prospectus and SEC Filings

Official Delaware Emerging Markets Debt Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2025-11-28
• Prospectus (485BPOS) — filed 2024-11-29
• Prospectus (485BPOS) — filed 2023-11-30
• Portfolio holdings (N-PORT) — filed 2026-09-24
• Portfolio holdings (N-PORT) — filed 2026-06-26
• Portfolio holdings (N-PORT) — filed 2026-03-25
• Annual census (N-CEN) — filed 2025-10-14
• Annual census (N-CEN) — filed 2024-10-15

Related Funds

Other Intermediate Corporate Bond funds tracked on ABC INVEST:

• Vanguard Intermediate-Term Corporate Bond Index Fund (VICSX)
• Lord Abbett Short Duration Income Fund (LLDYX)
• Vanguard Intermediate-Term Investment-Grade Fund (VFICX)
• iShares Broad USD High Yield Corporate Bond ETF (USHY)
• Lord Abbett Bond Debenture Fund INC (LBNDX)

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.