IDAIX Fees and Costs — Delaware Sustainable Equity Income Fund, Class I
Data updated: 2024-05-28
The net expense ratio is 0.49%: a 0.35% management fee plus 0.35% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $121K in broker commissions, 0.1368% of average net assets, and portfolio turnover was 160%.
IDAIX Fees and Expenses
Annual operating expenses and sales charges of IDAIX. Prospectus, as of September 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.35% |
| Gross expense ratio | 0.70% |
| Fee waiver | −0.21% |
| Net expense ratio | 0.49% |
| 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 |
IDAIX Costs Over Time
On $10,000 invested in IDAIX, assuming 5% a year before costs, total costs come to $395 over 5 years, cutting the return by 0.66% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $14 | $45 | $78 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $216 | $395 |
| Value after costs | $10,434 | $11,360 | $12,368 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
IDAIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.1368%
- Total broker commissions: $121K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 160%
- Securities on loan, average value: $1.3M
- Net income from securities lending: $1K (0.002% of average net assets)
IDAIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $13K | 12.51% |
| DASH FINANCIAL TECHNOLOGIES LLC | $12K | 10.87% |
| J.P. Morgan Securities LLC | $11K | 10.70% |
| GOLDMAN SACHS & CO. LLC | $11K | 10.18% |
| MORGAN STANLEY & CO. LLC | $11K | 9.97% |
| BARCLAYS CAPITAL, INC. | $10K | 9.80% |
| BOFA SECURITIES, INC. | $10K | 9.79% |
| UBS Securities LLC | $10K | 9.36% |
| EVERCORE GROUP L.L.C. | $9K | 8.56% |
| BTIG, LLC | $9K | 8.27% |
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.