Delaware Diversified Income Fund

Objective

Delaware Diversified Income Fund seeks maximum long-term total return, consistent with reasonable risk.

Strategy

The Fund invests in four sectors — U.S. investment grade sector, U.S. high yield sector, international developed markets sector, and emerging markets sector.

Fund information
Inception date10/28/2002
Dividends paid (if any)Monthly
Capital gains paid (if any)November or December
Fund identifiers
NASDAQDPFFX
CUSIP246248587

Institutional Class shares are only available to certain investors. See the prospectus for more information. 

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted.

Total returns may reflect waivers and/or expense reimbursements by the manager and/or distributor for some or all of the periods shown. Performance would have been lower without such waivers and reimbursements.

Average annual total return as of month-end (06/30/2015)
YTD1 year3 year5 year10 yearLifetimeInception date
NAV (view definition)0.43%0.65%2.64%4.37%6.06%7.08%10/28/2002
Barclays U.S. Aggregate Index-0.10%1.86%1.83%3.35%4.44%n/a
Average annual total return as of quarter-end (06/30/2015)
QTDYTD1 year3 year5 year10 yearLifetimeInception date
NAV (view definition)-1.49%0.43%0.65%2.64%4.37%6.06%7.08%10/28/2002
Barclays U.S. Aggregate Index-1.68%-0.10%1.86%1.83%3.35%4.44%n/a

Returns for less than one year are not annualized.

Index performance returns do not reflect any management fees, transaction costs, or expenses. Indices are unmanaged and one cannot invest directly in an index.

Expense ratio
Gross0.65%
Net0.65%
Quarterly total returns @ NAV
Year1st quarter2nd quarter3rd quarter4th quarterAnnual return
20151.95%-1.49%n/an/an/a
20142.40%2.68%-0.41%0.63%5.37%
20130.38%-3.46%0.78%1.35%-1.02%
20121.35%2.41%2.71%0.51%7.15%
20111.29%2.06%0.75%2.28%6.53%
20103.12%1.26%3.85%-0.25%8.15%
20090.51%10.14%9.86%3.24%25.53%
20082.49%-1.72%-3.86%-0.70%-3.84%
20072.80%0.13%2.73%1.72%7.56%
20060.87%0.25%3.86%3.02%8.20%
2005-1.05%1.56%-0.70%-0.15%-0.36%

Institutional Class shares are only available to certain investors. See the prospectus for more information. 

Portfolio characteristics - as of 06/30/2015
Number of holdings1,543
Effective maturity (weighted average) (view definition)7.25 years
Effective duration (weighted average) (view definition)5.51 years
Annualized standard deviation, 3 years (view definition)3.63
SEC 30-day yield with waiver (view definition)3.37%
SEC 30-day yield without waiver (view definition)3.37%
Portfolio turnover (last fiscal year)189%
Portfolio composition as of 06/30/2015Total may not equal 100% due to rounding.
High grade securities62.0%
High yield securities27.7%
Emerging markets8.3%
International developed2.1%
Top 10 holdings as of 06/30/2015
Holdings are as of the date indicated and subject to change.
List excludes cash and cash equivalents.
Holding% of portfolio
FNCL AUG TBA2.5%
FNCL JUL TBA1.8%
FNCL AX53161.2%
United States Treasury Note/Bond 2.125 5/15/20251.2%
FNCL AB65890.9%
Dow Chemical Co. 8.550 5/15/20190.7%
Crown Castle Towers LLC 4.883 8/15/20200.5%
FNCL AL56160.5%
KeyBank NA/Cleveland OH 6.950 2/1/20280.4%
GNR 2010-113 KE0.4%
Total % Portfolio in Top 10 holdings10.1%