FIIJX — Delaware Investment Grade Fund
Data updated: 2021-08-30
FIIJX — Delaware Investment Grade Fund. Corporate Bond · $215.80M AUM · 0.67% expense ratio · 6.3% 1-yr return. Holdings, fees, performance and SEC filings.
FIIJX Fund Overview
FIIJX — Delaware Investment Grade Fund is a US mutual fund managed by Delaware Group Equity Funds IV, categorised as 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 Equity Funds IV
- Category: Corporate Bond
- Assets under management: $215.80M
- 1-year return: 6.3%
- Ticker: FIIJX
- SEC CIK: 0000778108
- SEC series ID: S000065916
- Share class ID: C000212932
FIIJX Investment Objective and Strategy
Delaware Investment Grade Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Delaware Group Equity Funds IV.
Investment objective
Delaware Investment Grade Fund seeks to generate a maximum level of income consistent with investment in primarily investment grade debt securities.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investment grade debt securities (80% policy). Investment grade debt securities include those that are rated within the four highest ratings categories by Moodys Investors Service, Inc. (Moodys) or S&P or that are unrated but determined by the Funds investment manager, Delaware Management Company (Manager), to be of equivalent quality. The Manager may also invest in unrated bonds if it believes their credit quality is comparable to those that have investment grade ratings. In addition, the Manager may seek investment advice and recommendations from its affiliates: Macquarie Investment Management Europe Limited, Macquarie Investment Management Austria Kapitalanlage AG, and Macquarie Investment Management Global Limited (together, the Affiliated Sub-Advisors).
The Manager may also permit these Affiliated Sub-Advisors to execute Fund security trades on behalf of the Manager and exercise investment discretion for securities in certain markets where the Manager believes it will be beneficial to utilize an Affiliated Sub-Advisor's specialized market knowledge. The Fund may also invest up to 20% of its net assets in high yield corporate bonds (junk bonds). In addition, the Fund may invest up to 40% of its total assets in foreign securities, but the Funds total non-US-dollar currency exposure will be limited, in the aggregate, to no more than 25% of net assets. The average portfolio duration of the Fund will generally vary within two years (plus or minus) of the current average duration of the Bloomberg Barclays US Corporate Investment Grade Index, which as of Dec.
31, 2018, was 7.10 years. Duration measures a bonds sensitivity to interest rates by indicating the approximate change in a bond or bond funds price given a 1% change in interest rates.
FIIJX Performance
Total returns for FIIJX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 6.3% |
FIIJX Risk Information
Risk metrics for FIIJX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.5%
FIIJX Costs and Fees
FIIJX costs about $67 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.67%
- Gross expense ratio: 0.85%
- Portfolio turnover: 241%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
FIIJX Cashflows
Over the 12 months to 2021-06, Delaware Investment Grade Fund had net inflows of $137.63M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-06 | $8.48M |
| 2021-05 | $8.13M |
| 2021-04 | $9.88M |
| 2021-03 | $10.01M |
| 2021-02 | $10.44M |
| 2021-01 | $8.74M |
FIIJX Debt Constituents
No individual debt constituents are reported in Delaware Investment Grade Fund's latest SEC N-PORT filing.
FIIJX Prospectus and SEC Filings
Official Delaware Investment Grade Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-01-28
- Prospectus (485BPOS) — filed 2020-02-12
- Prospectus supplement (497) — filed 2020-02-18
- Portfolio holdings (N-PORT) — filed 2021-08-30
- Portfolio holdings (N-PORT) — filed 2021-05-20
- Portfolio holdings (N-PORT) — filed 2021-03-01
- Annual census (N-CEN) — filed 2020-12-03
Related Funds
Other 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.