DFRIX — Delaware Mid Cap Growth Equity Fund
Data updated: 2024-06-11
DFRIX — Delaware Mid Cap Growth Equity Fund. United States Mid Cap Growth Equity · $1.29B AUM. Holdings, fees, performance and SEC filings.
DFRIX Fund Overview
DFRIX — Delaware Mid Cap Growth Equity Fund is a US mutual fund managed by Delaware Group Equity Funds IV, categorised as United States Mid Cap Growth Equity. 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 Equity Funds IV
- Category: United States Mid Cap Growth Equity
- Assets under management: $1.29B
- 1-year return: 15.5%
- Ticker: DFRIX
- SEC CIK: 0000778108
- SEC series ID: S000003914
- Share class ID: C000010973
DFRIX Investment Objective and Strategy
Delaware Mid Cap Growth Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Delaware Group Equity Funds IV.
Investment objective
Delaware Smid Cap Growth Fund seeks long-term capital appreciation.
Principal investment strategy
The Fund invests primarily in common stocks of growth-oriented companies that its investment manager, Delaware Management Company (Manager), believes have long-term capital appreciation potential and expect to grow faster than the US economy. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of small- and mid-capitalization companies (80% policy). For purposes of this Fund, small and mid-market capitalization companies are those companies whose market capitalization is similar to the market capitalization of companies in the Russell 2500 Growth Index. The index listed above is used for purposes of determining range and not for targeting portfolio management. As of June 30, 2018, the Russell 2500 Growth Index had a market capitalization range between $51 million and $14.5 billion.
The market capitalization range for the Russell 2500 Growth Index will change on a periodic basis. A company?s market capitalization is determined based on its current market capitalization. Frank Russell Company (?Russell?) is the source and owner of the trademarks, service marks, and copyrights related to the Russell Indexes. Russell is a trademark of the Frank Russell Company. The Fund may invest in a limited number of stocks. Using a top-down thematic overlay combined with bottom-up, fundamental research, the Manager seeks to identify early stage major demand trends and invest in securities of competitively advantaged companies that the Manager believes should benefit from these trends. The Manager focuses on earnings growth as the Manager believes earnings growth drives stock prices and the companies with the strongest gains in profitability have the potential to enjoy share performance that exceeds the broad market averages, provided that the earnings are of high quality and likely to continue.
The Fund?s 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.
DFRIX Holdings
Top 10 holdings of Delaware Mid Cap Growth Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| CoStar Group Inc | 4.77% |
| Pinterest Inc | 2.96% |
| Monolithic Power Systems Inc | 2.79% |
| Dexcom Inc | 2.72% |
| Floor & Decor Holdings Inc | 2.43% |
| MarketAxess Holdings Inc | 2.29% |
| Trade Desk Inc/The | 2.29% |
| Pool Corp | 2.09% |
| Teradyne Inc | 2.03% |
| Crowdstrike Holdings Inc | 1.98% |
DFRIX Portfolio Allocation
Asset-class allocation of Delaware Mid Cap Growth Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.0% |
| Cash & Equivalents | 1.2% |
DFRIX Performance
Total returns for DFRIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 15.5% |
| 3 years (annualised) | -13.1% |
DFRIX Risk Information
Risk metrics for DFRIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 23.3%
DFRIX Costs and Fees
DFRIX costs about $129 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.29%
- Gross expense ratio: 1.40%
- Brokerage commissions: 2.27 bps of average net assets (SEC N-CEN)
DFRIX Cashflows
Over the 12 months to 2024-03, Delaware Mid Cap Growth Equity Fund had net inflows of $345.83M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-03 | −$33.04M |
| 2024-02 | −$88.19M |
| 2024-01 | −$35.13M |
| 2023-12 | $82.85M |
| 2023-11 | $57.63M |
| 2023-10 | $42.25M |
DFRIX Debt Constituents
No individual debt constituents are reported in Delaware Mid Cap Growth Equity Fund's latest SEC N-PORT filing.
DFRIX Prospectus and SEC Filings
Official Delaware Mid Cap Growth Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-07-28
- Prospectus (485BPOS) — filed 2022-07-29
- Prospectus (485BPOS) — filed 2021-07-28
- 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 2024-06-11
- Annual census (N-CEN) — filed 2023-06-14
Related Funds
Other United States Mid Cap Growth Equity 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.