Delaware Value A Fund (DDVAX) a Zacks Rank #1 (Strong Buy) was incepted in September 1998 and is managed by Delaware Management Company. DDVAX seeks capital appreciation with current income as a secondary objective. DDVAX invests primarily in dividend-paying stocks and income producing securities that are convertible into common stocks.
This Large Value product, as of the last filing, allocates their fund in four major groups; Large value, Intermediate Bond, Large Growth and Precious Metal. Further, as of the last filing, E. I. du Pont de Nemours and Company, Edison International (NYSE:EIX) and Cisco Systems (NASDAQ:CSCO), Inc. were the top holdings for DDVAX.
The Delaware Value A fund, managed by Delaware Invst, carries an expense ratio of 0.98%. Moreover, DDVAX requires a minimal initial investment of $1,000.
DDVAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 11.41% and 5 year 12.61%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
DDVAX’s performance, as of the last filing, when compared to funds in its category was in the top 6% in 1 year, top 2% over the past 3 years, and in the 1% over the past 5 years.
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