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.
Performance data current to the most recent month end may be obtained by calling 877 693-3546 or visiting delawareinvestments.com/performance.
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 quarter-end (12/31/2013)|
|YTD||1 year||3 year||5 year||10 year||Lifetime||Inception|
|Class A (NAV)||9.45%||33.01%||33.01%||18.30%||17.63%||7.97%||7.33%||09/15/1998|
|Class A (at offer)||3.17%||25.35%||25.35%||15.98%||16.25%||7.33%||6.92%|
|Institutional Class shares||9.52%||33.44%||33.44%||18.58%||17.90%||8.25%||7.54%||09/15/1998|
|Russell 1000 Value Index||10.01%||32.53%||32.53%||16.06%||16.67%||7.58%||n/a|
Returns for less than one year are not annualized.
Class A shares have a maximum up-front sales charge of 5.75% and are subject to an annual distribution fee.
Russell 1000® Value Index (view)
Index performance returns do not reflect any management fees, transaction costs, or expenses. Indices are unmanaged and one cannot invest directly in an index.
|Class A (Gross)||1.12%|
|Class A (Net)||1.09%|
|Institutional Class shares (Gross)||0.88%|
|Institutional Class shares (Net)||0.85%|
Net expense ratio reflects a contractual waiver of certain fees and/or expense reimbursements from March 28, 2013 to March 28, 2014. Please see the fee table in the Fund’s prospectus for more information.
|Top 10 holdings as of 02/28/2014|
Holdings are as of the date indicated and subject to change.
List excludes cash and cash equivalents.
|Holding||% of portfolio|
|Merck & Co. Inc.||3.3%|
|Cardinal Health Inc.||3.2%|
|Occidental Petroleum Corp.||3.1%|
|CVS Caremark Corp.||3.0%|
|EI du Pont de Nemours & Co.||3.0%|
|Lowe's Cos. Inc.||3.0%|
|Total % Portfolio in Top 10 holdings||31.4%|
Institutional Class shares are only available to certain investors. See the prospectus for more information.
All third-party marks cited are the property of their respective owners.
Carefully consider the Fund’s investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Fund’s prospectus and its summary prospectus, which may be obtained by clicking the prospectus link located in the right-hand sidebar or calling 877 693-3546. Investors should read the prospectus and the summary prospectus carefully before investing.
Investing involves risk, including the possible loss of principal.
Holding a relatively concentrated portfolio of a limited number of securities may increase risk because each investment has a greater effect on the Fund's overall performance than would be the case for a more diversified fund.
Not FDIC Insured | No Bank Guarantee | May Lose Value