DLMRX — Delaware Mid Cap Value Fund
Data updated: 2023-03-28
DLMRX — Delaware Mid Cap Value Fund. United States Real Estate · $59.95M AUM · 1.39% expense ratio. Holdings, fees, performance and SEC filings.
DLMRX Fund Overview
DLMRX — Delaware Mid Cap Value Fund is a US mutual fund managed by Delaware Group Equity Funds I, categorised as United States Real Estate. 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 I
- Category: United States Real Estate
- Assets under management: $59.95M
- 1-year return: 1.4%
- Ticker: DLMRX
- SEC CIK: 0000027801
- SEC series ID: S000020812
- Share class ID: C000058134
DLMRX Investment Objective and Strategy
Delaware Mid Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Delaware Group Equity Funds I.
Investment objective
Delaware Mid Cap Value Fund seeks capital appreciation.
Principal investment strategy
The Fund invests primarily in investments of medium-sized companies whose stock prices appear low relative to their underlying value or future potential. Among other factors, the Fund?s investment manager, Delaware Management Company (Manager), considers the financial strength of a company, its management, the prospects for its industry, and any anticipated changes within the company that might suggest a more favorable outlook going forward. The Manager focuses on free cash flow in its individual stock selection, seeking companies that it believes have a sustainable ability to buy back shares, lower debt, and/or increase or initiate dividends. Under normal circumstances, at least 80% of the Fund?s net assets, plus the amount of any borrowings for investment purposes, will be in investments of medium-sized companies (80% policy).
The Fund considers medium-sized companies to be those companies whose market capitalizations fall within the range represented in the Russell Midcap Value Index (Index) at the time of the Fund?s investment. As of May 12, 2017, the smallest company included in the Index had a market capitalization of $2.3 billion and the largest company included in the Index had a market capitalization of $29.4 billion. The market capitalization range for the Russell Midcap Value Index will change on a periodic basis. A company?s market capitalization is determined based on its current market capitalization. Russell Investment Group is the source and owner of the trademarks, service marks, and copyrights related to the Russell Indexes. Russell is a trademark of the Russell Investment Group. The Fund may invest in real estate investment trusts (REITs).
The Fund?s 80% policy is nonfundamental and may be changed without shareholder approval. However, Fund shareholders would be given at least 60 days? notice prior to any such change.
DLMRX Performance
Total returns for DLMRX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 1.4% |
| 3 years (annualised) | 9.7% |
DLMRX Risk Information
Risk metrics for DLMRX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 24.7%
DLMRX Costs and Fees
DLMRX costs about $139 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.39%
- Gross expense ratio: 1.73%
- Portfolio turnover: 26%
- Brokerage commissions: 1.78 bps of average net assets (SEC N-CEN)
DLMRX Cashflows
Over the 12 months to 2023-01, Delaware Mid Cap Value Fund had net inflows of $39.44M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-01 | $2.95M |
| 2022-12 | $5.44M |
| 2022-11 | $2.31M |
| 2022-10 | $1.75M |
| 2022-09 | $7.26M |
| 2022-08 | $1.83M |
DLMRX Debt Constituents
No individual debt constituents are reported in Delaware Mid Cap Value Fund's latest SEC N-PORT filing.
DLMRX Prospectus and SEC Filings
Official Delaware Mid Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-02-27
- Prospectus (485BPOS) — filed 2022-02-25
- Prospectus (485BPOS) — filed 2021-02-25
- Portfolio holdings (N-PORT) — filed 2023-03-28
- Portfolio holdings (N-PORT) — filed 2022-12-21
- Portfolio holdings (N-PORT) — filed 2022-09-28
- Annual census (N-CEN) — filed 2023-01-12
- Annual census (N-CEN) — filed 2022-01-14
Related Funds
Other United States Real Estate 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.