DLPCX — Delaware Global Real Estate Opportunities Fund
Data updated: 2020-09-25
DLPCX — Delaware Global Real Estate Opportunities Fund. Emerging Markets Real Estate · $12.60M AUM. Holdings, fees, performance and SEC filings.
DLPCX Fund Overview
DLPCX — Delaware Global Real Estate Opportunities Fund is a US mutual fund managed by Delaware Group Adviser Funds, categorised as Emerging Markets 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 Adviser Funds
- Category: Emerging Markets Real Estate
- Assets under management: $12.60M
- 1-year return: -12.4%
- Ticker: DLPCX
- SEC CIK: 0000910682
- SEC series ID: S000037873
- Share class ID: C000116905
DLPCX Investment Objective and Strategy
Delaware Global Real Estate Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Delaware Group Adviser Funds.
Investment objective
Delaware Global Real Estate Opportunities Fund seeks maximum long-term total return through a combination of current income and capital appreciation.
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 US and non-US real estate and real estate?related issuers (80% policy). The Fund generally considers an issuer to be a real estate or real estate?related issuer if at least 50% of its revenue is from real estate or if it has at least 50% of its assets in real estate. These companies include, among others, real estate investment trusts (REITs) and similar REIT-like entities domiciled outside the US, as well as other companies whose products and services are related to the real estate industry, such as manufacturers and distributors of building supplies and financial institutions that issue or service mortgages. The Fund invests primarily in REITs and other equity securities.
REITs are pooled investment vehicles that invest primarily in income-producing real estate or real estate?related loans or interests. The Fund may invest in companies across all market capitalizations and may invest its assets in securities of companies located in emerging market countries. Under normal circumstances, the Fund will invest at least 40% of its total assets in securities of non-US issuers, unless market conditions are not deemed favorable by the Manager, in which case the Fund would invest at least 30% of its net assets in securities of non-US issuers. The Fund may purchase or sell foreign currencies and/or engage in forward foreign currency contracts in order to facilitate or expedite settlement of portfolio transactions and to minimize currency fluctuations. The Fund may also enter into forward contracts to ?lock in?
the price of a security it has agreed to purchase or sell, in terms of US dollars or other currencies in which the transaction will be consummated. 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.
DLPCX Performance
Total returns for DLPCX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -12.4% |
DLPCX Risk Information
Risk metrics for DLPCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 24.5%
DLPCX Costs and Fees
DLPCX costs about $215 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.15%
- Gross expense ratio: 2.80%
- Portfolio turnover: 133%
- Brokerage commissions: 27.33 bps of average net assets (SEC N-CEN)
DLPCX Cashflows
Over the 12 months to 2020-07, Delaware Global Real Estate Opportunities Fund had net inflows of $93.29M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-07 | $31.31M |
| 2020-06 | $3.55M |
| 2020-05 | $2.93M |
| 2020-04 | $14.96M |
| 2020-03 | $5.53M |
| 2020-02 | $2.36M |
DLPCX Debt Constituents
No individual debt constituents are reported in Delaware Global Real Estate Opportunities Fund's latest SEC N-PORT filing.
DLPCX Prospectus and SEC Filings
Official Delaware Global Real Estate Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-03-13
- Prospectus (485BPOS) — filed 2019-03-15
- Prospectus supplement (497) — filed 2019-03-18
- Portfolio holdings (N-PORT) — filed 2020-09-25
- Portfolio holdings (N-PORT) — filed 2020-06-24
- Portfolio holdings (N-PORT) — filed 2020-03-26
- Annual census (N-CEN) — filed 2020-01-07
- Annual census (N-CEN) — filed 2019-01-10
Related Funds
Other Emerging Markets 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.