DFBCX — Delaware Strategic Allocation Fund
Data updated: 2023-02-27
DFBCX — Delaware Strategic Allocation Fund. Money Market · $177.70M AUM · 1.85% expense ratio. Holdings, fees, performance and SEC filings.
DFBCX Fund Overview
DFBCX — Delaware Strategic Allocation Fund is a US mutual fund managed by Delaware Group Foundation Funds, categorised as Money Market. 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 Foundation Funds
- Category: Money Market
- Assets under management: $177.70M
- 1-year return: -14.1%
- Ticker: DFBCX
- SEC CIK: 0001048133
- SEC series ID: S000004196
- Share class ID: C000011803
DFBCX Investment Objective and Strategy
Delaware Strategic Allocation Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Delaware Group Foundation Funds.
Investment objective
Delaware Foundation Moderate Allocation Fund seeks capital appreciation with current income as a secondary objective.
Principal investment strategy
The Fund seeks to achieve its objectives by investing in a combination of underlying securities representing a variety of asset classes and investment styles. The Manager uses an active allocation approach when selecting investments for the Fund. In striving to meet its objectives, the Fund will typically target about 60% of its net assets in equity securities and about 40% of its net assets in fixed income securities. Allocations for the Fund may vary within the ranges shown in the table below. The Fund may invest 10% to 60% of net assets in foreign securities, and up to 15% of net assets in emerging market securities. Following are the strategic policy weights for the Fund?s net assets, as they may be invested in broad and narrow asset classes, and various investment styles, and the permitted range of variation around those weights.
Equity asset class: 60% policy weight (40-70% range) ? US equity asset class: 30% policy weight (10-40% range) o US large-cap core o US large-cap growth o US large-cap value o US small-cap core o US small-cap growth o US small-cap value ? International equity asset class: 22.5% policy weight (10-40% range) o International value o International growth o International small-cap growth ? Global real estate equity asset class: 0% policy weight (0-15% range) o US real estate o Global ex-US real estate ? Emerging markets asset class: 7.5% policy weight (0-15% range) o Emerging markets o Emerging markets small-cap o Emerging markets opportunities ? Fixed income asset class: 40% policy weight (30-60% range) ? Diversified fixed income asset class: 40% policy weight (30-60% range) o Diversified fixed income: 38% policy weight (20-50% range) o Money market/cash equivalents: 2% policy weight (0-15% range)
DFBCX Holdings
Top 10 holdings of Delaware Strategic Allocation Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| US Treasury N/b | 1.51% |
| US Treasury N/b | 1.38% |
| Microsoft Corp | 1.37% |
| US Treasury N/b | 1.16% |
| Apple Inc | 1.03% |
| Alphabet Inc | 0.76% |
| Tsmc | 0.65% |
| Reliance Industries Ltd | 0.63% |
| Visa Inc | 0.61% |
| Motorola Solutions Inc | 0.60% |
DFBCX Portfolio Allocation
Asset-class allocation of Delaware Strategic Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 59.5% |
| Fixed Income | 19.9% |
| Securitized | 17.9% |
| Loans | 1.1% |
| Real Estate | 1.0% |
| Cash & Equivalents | 0.7% |
DFBCX Performance
Total returns for DFBCX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -14.1% |
| 3 years (annualised) | 0.9% |
DFBCX Risk Information
Risk metrics for DFBCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.0%
DFBCX Costs and Fees
DFBCX costs about $185 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.85%
- Gross expense ratio: 1.94%
- Portfolio turnover: 70%
- Brokerage commissions: 3.02 bps of average net assets (SEC N-CEN)
DFBCX Cashflows
Over the 12 months to 2022-12, Delaware Strategic Allocation Fund had net inflows of $79.99M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-12 | $25.64M |
| 2022-11 | $4.99M |
| 2022-10 | $4.63M |
| 2022-09 | $3.34M |
| 2022-08 | $3.54M |
| 2022-07 | $15.82M |
DFBCX Debt Constituents
Largest debt holdings of Delaware Strategic Allocation Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| US Treasury N/b | 1.51% |
| US Treasury N/b | 1.38% |
| US Treasury N/b | 1.16% |
| Japan (10 Year Issue) | 0.46% |
| Japan (10 Year Issue) | 0.43% |
| US Treasury N/b | 0.41% |
| Time Warner Cable Entrmn | 0.33% |
| Japan (20 Year Issue) | 0.31% |
| Japan (20 Year Issue) | 0.30% |
| Comcast Corp. | 0.30% |
DFBCX Prospectus and SEC Filings
Official Delaware Strategic Allocation Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-07-29
- Prospectus (485BPOS) — filed 2021-07-28
- Prospectus supplement (497) — filed 2020-08-14
- Portfolio holdings (N-PORT) — filed 2023-02-27
- Portfolio holdings (N-PORT) — filed 2022-11-22
- Portfolio holdings (N-PORT) — filed 2022-08-26
- Annual census (N-CEN) — filed 2022-06-14
- Annual census (N-CEN) — filed 2021-06-11
Related Funds
Other Money Market 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.