DHIZX Fees and Costs — Delaware High-Yield Opportunities Fund, Class R6
Data updated: 2024-03-28
The net expense ratio is 0.58%: a 0.65% management fee plus 0.14% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 31%.
DHIZX Fees and Expenses
Annual operating expenses and sales charges of DHIZX. Prospectus, as of July 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.21% |
| Net expense ratio | 0.58% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DHIZX Costs Over Time
On $10,000 invested in DHIZX, assuming 5% a year before costs, total costs come to $366 over 5 years, cutting the return by 0.61% 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 0.58%) | $61 | $191 | $332 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $200 | $366 |
| Value after costs | $10,439 | $11,376 | $12,397 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
DHIZX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $276.3M
- Portfolio turnover (prospectus): 31%
- Securities lending: none during the year
DHIZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $40.6M | 17.14% |
| MORGAN STANLEY & CO. LLC | $34.7M | 14.63% |
| J.P. Morgan Securities LLC | $32.6M | 13.74% |
| CitiGroup Global Markets Inc. | $27.9M | 11.75% |
| GOLDMAN SACHS & CO. LLC | $26.6M | 11.21% |
| JEFFERIES LLC | $21.6M | 9.10% |
| BARCLAYS CAPITAL, INC. | $20.2M | 8.51% |
| WELLS FARGO SECURITIES, LLC | $13.1M | 5.52% |
| UBS SECURITIES LLC | $10.8M | 4.54% |
| CREDIT SUISSE SECURITIES (USA) LLC | $9.1M | 3.86% |
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.