Delaware Smid Cap Growth Fund Class R (DFRIX)
| 26.69 Net Asset Value | +0.11% 1 Day | 0.00% 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 | -1.15% | 3 years | +13.92% | |
| 3 months | +6.02% | 5 years | +19.38% | |
| 1 year | +7.99% | Since inception | +11.07% |
Data through --
Peer Comparisonvs. Mid-cap growth
| DFRIX | Category | |
|---|---|---|
| Performance 5-yr return | +19.38% | +14.76% |
| Expense ratio | 1.44% | 1.35% |
| Risk 5 year sharpe ratio | 1.16 | 0.95 |
| Net assets | $1.2B | $1.3B |
| Average market cap | $3.3B | $9.3B |
| Average P/E | 27.8 | 24.4 |
| Portfolio turnover | 26% | 26% |
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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 | 90.89% |
| International stock | 6.41% |
| Cash | 2.70% |
| 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 | 5.92% |
| HPY Heartland Payment Systems Inc | 5.72% |
| TECH Techne Corp | 5.41% |
| DIN DineEquity Inc | 5.39% |
| ULTA Ulta Salon Cosmetics & Fragrances Inc | 5.26% |
| JCOM j2 Global Inc | 5.06% |
| SBH Sally Beauty Holdings Inc | 5.01% |
| GGG Graco Inc | 4.86% |
| CLB Core Laboratories NV | 4.76% |
| AMG Affiliated Managers Group Inc | 4.70% |
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