IVTAX Fees and Costs — Delaware Ivy Managed International Opportunities Fund, Class A
Data updated: 2024-06-11
The net expense ratio is 1.55%. This share class carries a maximum front-end sales load of 5.75%. Portfolio turnover was 19%.
IVTAX Fees and Expenses
Annual operating expenses and sales charges of IVTAX. Prospectus, as of March 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.05% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.43% |
| Gross expense ratio | 1.55% |
| Fee waiver | — |
| Net expense ratio | 1.55% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
IVTAX Costs Over Time
On $10,000 invested in IVTAX, assuming 5% a year before costs, total costs come to $1,638 over 5 years, cutting the return by 2.84% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.55%) | $153 | $476 | $820 |
| Lost growth on money paid in costs | $29 | $114 | $242 |
| Total costs | $757 | $1,165 | $1,638 |
| Value after costs | $9,743 | $10,411 | $11,125 |
| Impact on return, per year | 7.57% | 3.65% | 2.84% |
IVTAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 19%
- Securities lending: none during the year
IVTAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SS&C MARKET SERVICES, LLC | $1.4M | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.