Delaware Smid Cap Growth Fund Class R (DFRIX)
| 28.88 Net Asset Value | +0.63% 1 Day | -3.89% Year-to-Date | Overall Morningstar Rating |
| Mid-cap growth Style or Category | No Load Sales Expenses | 1.44% Expense Ratio | Average Morningstar Risk Rating™ |
Investment Objective The investment seeks long-term capital appreciation.
The fund invests primarily in common stocks of growth-oriented companies that its investment manager, Delaware Management Company (Manager), believes have long-term capital appreciation potential and expect to grow faster than the U.S. economy. It invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of small-and mid-capitalization companies.
Performance
| 1 month | +1.40% | 3 years | +10.13% | |
| 3 months | +4.56% | 5 years | +20.58% | |
| 1 year | +12.59% | Since inception | +10.90% |
Data through --
Peer Comparisonvs. Mid-cap growth
| DFRIX | Category | |
|---|---|---|
| Performance 5-yr return | +20.58% | +18.98% |
| Expense ratio | 1.44% | 1.34% |
| Risk 5 year sharpe ratio | 1.33 | 1.16 |
| Net assets | $1.3B | $1.3B |
| Average market cap | $3.5B | $8.6B |
| Average P/E | 27.2 | 26.0 |
| Portfolio turnover | 14% | 14% |
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Fund Management and Purchase Info
| Fund family | Delaware Investments |
| Fund manager & tenure | Christopher Bonavico / 4 Years |
| Minimal initial investment | $0.00 |
| Minimum IRA investment | -- |
Holdings
| U.S. stock | 87.70% |
| International stock | 11.57% |
| Cash | 0.73% |
| Fixed income | 0.00% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Business service | 21.76% |
| Consumer service | 11.43% |
| Financial service | 11.24% |
| Consumer goods | 10.26% |
| Healthcare | 9.98% |
Top 10 HoldingsPortfolio weighting
| MSCI MSCI Inc | 5.44% |
| CLB Core Laboratories NV | 5.33% |
| SBAC SBA Communications Corp | 5.27% |
| JCOM j2 Global Inc | 5.02% |
| DIN DineEquity Inc | 4.90% |
| HPY Heartland Payment Systems Inc | 4.77% |
| GGG Graco Inc | 4.72% |
| TECH Techne Corp | 4.69% |
| PAY VeriFone Systems Inc | 4.67% |
| AMG Affiliated Managers Group Inc | 4.60% |
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