DHOIX — Delaware High-Yield Opportunities Fund
Data updated: 2024-03-28
DHOIX — Delaware High-Yield Opportunities Fund. Intermediate Corporate Bond · $467.56M AUM · 0.63% expense ratio. Holdings, fees, performance and SEC filings.
DHOIX Fund Overview
DHOIX — Delaware High-Yield Opportunities Fund is a US mutual fund managed by Delaware Group Income Funds, 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 Income Funds
- Category: Intermediate Corporate Bond
- Assets under management: $467.56M
- 1-year return: 8.9%
- Ticker: DHOIX
- SEC CIK: 0000027825
- SEC series ID: S000003924
- Share class ID: C000011019
DHOIX Investment Objective and Strategy
Delaware High-Yield Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Delaware Group Income Funds.
Investment objective
Delaware High-Yield Opportunities Fund seeks total return and, as a secondary objective, high current income.
Principal investment strategy
Under normal circumstances, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities rated at the time of purchase lower than BBB- by Standard & Poor?s Financial Services LLC (S&P), Baa3 by Moody?s Investors Services, Inc. (Moody?s), or similarly rated by another nationally recognized statistical rating organization (NRSRO) (80% policy). These are commonly known as high yield bonds or ?junk bonds? and involve greater risks than investment grade bonds. The Fund may also invest in unrated bonds that the Manager determines to be of comparable quality. Unrated bonds may be more speculative in nature than rated bonds. The Fund may also invest in US and foreign government securities and corporate bonds of foreign issuers.
The Fund may invest up to 40% of its net assets in foreign securities; however, the Fund?s total non-US-dollar currency exposure will be limited, in the aggregate, to no more than 25% of the Fund?s net assets, and investments in emerging market securities will be limited to 20% of the Fund?s net assets. In selecting bonds for the portfolio, the Manager evaluates the income provided by the bond and the bond?s appreciation potential as well as the issuer?s ability to make income and principal payments. 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.
DHOIX Holdings
Top 10 holdings of Delaware High-Yield Opportunities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Royal Caribbean Cruises | 1.26% |
| Cco Hldgs Llc/cap Corp. | 1.19% |
| Gray Television, Inc. | 1.13% |
| Aercap Holdings NV | 1.13% |
| Connect Finco Sarl/conne | 1.11% |
| Murphy Oil Corp. | 1.10% |
| Ukg, Inc. | 1.08% |
| Vistra Corp. | 1.06% |
| United Rentals North Am | 1.04% |
| Boyd Gaming Corp. | 1.02% |
DHOIX Portfolio Allocation
Asset-class allocation of Delaware High-Yield Opportunities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 87.6% |
| Loans | 9.3% |
| Cash & Equivalents | 3.5% |
DHOIX Performance
Total returns for DHOIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 8.9% |
| 3 years (annualised) | 2.1% |
DHOIX Risk Information
Risk metrics for DHOIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.7%
DHOIX Costs and Fees
DHOIX costs about $63 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.63%
- Gross expense ratio: 0.86%
- Portfolio turnover: 31%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
DHOIX Cashflows
Over the 12 months to 2024-01, Delaware High-Yield Opportunities Fund had net inflows of $189.82M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-01 | $11.05M |
| 2023-12 | $28.56M |
| 2023-11 | $22.75M |
| 2023-10 | $11.42M |
| 2023-09 | $8.52M |
| 2023-08 | $12.25M |
DHOIX Debt Constituents
Largest debt holdings of Delaware High-Yield Opportunities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Royal Caribbean Cruises | 1.26% |
| Cco Hldgs Llc/cap Corp. | 1.19% |
| Gray Television, Inc. | 1.13% |
| Aercap Holdings NV | 1.13% |
| Connect Finco Sarl/conne | 1.11% |
| Murphy Oil Corp. | 1.10% |
| Vistra Corp. | 1.06% |
| United Rentals North Am | 1.04% |
| Boyd Gaming Corp. | 1.02% |
| Eqm Midstream Partners L | 1.02% |
DHOIX Prospectus and SEC Filings
Official Delaware High-Yield Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-11-30
- Prospectus (485BPOS) — filed 2022-11-28
- Prospectus (485BPOS) — filed 2021-11-24
- Portfolio holdings (N-PORT) — filed 2024-03-28
- Portfolio holdings (N-PORT) — filed 2023-12-22
- Portfolio holdings (N-PORT) — filed 2023-09-26
- Annual census (N-CEN) — filed 2023-10-10
- Annual census (N-CEN) — filed 2022-10-11
Related Funds
Other Intermediate Corporate Bond 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.