DGCIX Fees and Costs — Macquarie Corporate Bond Fund, Institutional Class
Data updated: 2026-10-14
The net expense ratio is 0.54%: a 0.48% management fee plus 0.16% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $138K in broker commissions, 0.0139% of average net assets, and portfolio turnover was 144%.
DGCIX Fees and Expenses
Annual operating expenses and sales charges of DGCIX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.64% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.54% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
DGCIX Costs Over Time
On $10,000 invested in DGCIX, assuming 5% a year before costs, total costs come to $350 over 5 years, cutting the return by 0.58% 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 |
| Fund expenses (net expense ratio 0.54%) | $57 | $178 | $310 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $191 | $350 |
| Value after costs | $10,442 | $11,385 | $12,413 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
DGCIX 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): 0.0139%
- Total broker commissions: $138K
- Bought from dealers (principal trades, not a cost): $4.4B
- Portfolio turnover (prospectus): 144%
DGCIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ADVANTAGE SECURITIES LLC | $116K | 84.05% |
| CITIGROUP GLOBAL MARKETS INC. | $20K | 14.71% |
| HSBC SECURITIES (USA) INC. | $2K | 1.25% |
DGCIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $626.3M | 18.28% |
| MORGAN STANLEY & CO. LLC | $461.0M | 13.46% |
| GOLDMAN SACHS & CO. LLC | $403.1M | 11.77% |
| BOFA SECURITIES, INC. | $401.6M | 11.72% |
| CITADEL SECURITIES LLC | $359.9M | 10.50% |
| BARCLAYS CAPITAL, INC. | $296.7M | 8.66% |
| CitiGroup Global Markets Inc. | $293.0M | 8.55% |
| WELLS FARGO SECURITIES, LLC | $224.0M | 6.54% |
| RBC CAPITAL MARKETS, LLC | $182.9M | 5.34% |
| SIG BROKERAGE, LP | $177.5M | 5.18% |
Macquarie Corporate Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DGCZX | Class R6 | 0.46% | none |
| DGCIX | Institutional Class | 0.54% | none |
| DGCAX | Class A | 0.79% | 4.50% |
| DGCRX | Class R | 1.04% | none |
| DGCCX | Class C | 1.54% | 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.