IYVYX — Delaware Ivy Value Fund
Data updated: 2024-08-27
IYVYX — Delaware Ivy Value Fund. United States Mid Cap Value Equity · $401.11M AUM · 1.08% expense ratio. Holdings, fees, performance and SEC filings.
IYVYX Fund Overview
IYVYX — Delaware Ivy Value Fund is a US mutual fund managed by Ivy Funds, categorised as United States Mid Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Ivy Funds
- Category: United States Mid Cap Value Equity
- Assets under management: $401.11M
- 1-year return: 6.8%
- Ticker: IYVYX
- SEC CIK: 0000883622
- SEC series ID: S000024832
- Share class ID: C000073913
IYVYX Investment Objective and Strategy
Delaware Ivy Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ivy Funds.
Investment objective
To seek to provide capital appreciation.
Principal investment strategy
Ivy Value Fund seeks to achieve its objective by investing in the common stocks of primarily large-capitalization companies that IICO believes are undervalued, trading at a significant discount relative to the intrinsic value of the company as estimated by IICO and/or are out of favor in the financial markets but have a favorable outlook for capital appreciation. Although the Fund primarily invests in securities issued by large-capitalization companies (typically, companies with market capitalizations of at least $10 billion at the time of acquisition), it may invest in securities issued by companies of any size. To identify securities for the Fund, IICO primarily utilizes fundamental, bottom-up (researching individual issuers) research while considering top-down (assessing the market environment) and quantitative analyses.
IICO primarily determines the estimated intrinsic value of companies based on cash flow generation, but IICO may consider other valuation factors, such as price to earnings and price to book value. IICO also considers other operational factors of a company, including, among others, asset growth, changes in share count, and changes in working capital. The Fund emphasizes companies that IICO believes have clearly identifiable catalysts that will help the companies achieve their estimated intrinsic values. The Fund typically holds a limited number of stocks (generally 30 to 45). Many of the companies in which the Fund may invest have diverse operations, with products or services in foreign markets. Therefore, the Fund may have indirect exposure to various foreign markets through investments in these companies, even if the Fund is not invested directly in such markets.
IICO typically will sell a stock when, in IICOs opinion, it reaches an acceptable price, its fundamental characteristics have changed or it has performed below IICOs expectations. IICO also may sell a security to reduce the Funds holding in that security, to take advantage of what it believes are more attractive investment opportunities or to raise cash.
IYVYX Holdings
Top 10 holdings of Delaware Ivy Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Truist Financial Corp | 3.34% |
| Oracle Corp | 3.23% |
| Exxon Mobil Corp | 3.22% |
| US Bancorp | 3.21% |
| Equity Residential | 3.17% |
| TJX Cos Inc/The | 3.17% |
| Dover Corp | 3.17% |
| Chevron Corp | 3.15% |
| DuPont de Nemours Inc | 3.15% |
| Cognizant Technology Solutions | 3.15% |
IYVYX Portfolio Allocation
Asset-class allocation of Delaware Ivy Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.3% |
| Cash & Equivalents | 0.7% |
IYVYX Performance
Total returns for IYVYX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 6.8% |
| 3 years (annualised) | 1.1% |
| 5 years (annualised) | 0.7% |
IYVYX Risk Information
Risk metrics for IYVYX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.8%
IYVYX Costs and Fees
IYVYX costs about $108 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.08%
- Gross expense ratio: 1.11%
- Portfolio turnover: 103%
- Brokerage commissions: 2.91 bps of average net assets (SEC N-CEN)
IYVYX Cashflows
Over the 12 months to 2024-06, Delaware Ivy Value Fund had net inflows of $231.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-06 | −$19.63M |
| 2024-05 | −$23.82M |
| 2024-04 | −$22.65M |
| 2024-03 | −$15.26M |
| 2024-02 | −$36.68M |
| 2024-01 | −$9.96M |
IYVYX Debt Constituents
No individual debt constituents are reported in Delaware Ivy Value Fund's latest SEC N-PORT filing.
IYVYX Prospectus and SEC Filings
Official Delaware Ivy Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-07-28
- Prospectus (485BPOS) — filed 2022-07-29
- Prospectus (485BPOS) — filed 2021-07-28
- Portfolio holdings (N-PORT) — filed 2024-08-27
- Portfolio holdings (N-PORT) — filed 2024-05-28
- Portfolio holdings (N-PORT) — filed 2024-02-27
- Annual census (N-CEN) — filed 2024-06-11
- Annual census (N-CEN) — filed 2023-06-14
Related Funds
Other United States Mid Cap Value Equity 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.