Delaware Ivy Value Fund Class B (IYVBX)
Nasdaq - Nasdaq Delayed price. Currency in USD
Add to watchlist
At close: 09:00PM EDT
Delaware Ivy Value Fund Class B
Ivy Funds Inc
6300 Lamar Ave
Overland Park, KS 66202
800-777-6472
Management information
Matthew T. Norris,Lead manager since 30 July 2003
Matthew Norris is a Senior Vice President of Waddell & Reed Investment Management Company and Ivy Investment Management Company.
Mr. Norris received a BS in cellular biology in 1986 from the University of Kansas. He earned an MBA from the University of Nebraska in 1992.
Before joining Waddell & Reed, Mr. Norris was affiliated with Advantus Capital Management, Inc. in St. Paul, MN from 1997 to 2003. He joined Advantus as a growth analyst and was appointed a large cap value portfolio manager in 2000. Prior to joining Advantus, he was an equity analyst and portfolio manager for Norwest Investment Management, Inc. from 1994 to 1997.
Mr. Norris joined Waddell & Reed as a senior vice president and portfolio manager in July 2003. He served as director of equity research from June 2005 to April 2010. He held portfolio manager responsibility for Ivy Funds VIP Small Cap Value and Ivy Small Cap Value Fund from April 2010 through August 2011. He is portfolio manager of large cap value institutional accounts, Waddell & Reed Advisors Value Fund, Ivy Funds VIP Value (formerly W&R Target Funds Value Portfolio), and Ivy Value Fund. He has managed the value funds since July 2003.
Mr. Norris is a CFA charterholder. He is a member of the Kansas City Society of Financial Analysts. He also serves as a member of the Finance Advisory Board for the University of Kansas School of Business.
Morningstar style box
Yahoo partners with Morningstar, a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box, which identifies a fund's investment focus, based on the underlying securities in the fund.
Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.
Fund overview
CategoryLarge Value
Fund familyDelaware Funds by Macquarie
Net assets1.5B
YTD return27.10%
Yield0.55%
Morningstar rating★★
Inception date7 Dec 2003
Fund operations
Last dividend0.10
Last cap gain0.00
Holdings turnover60.00%
Average for categoryN/A
Fees and expenses
ExpenseIYVBXCategory average
Annual report expense ratio (net)2.31%0.90%
Prospectus net expense ratio2.31%N/A
Prospectus gross expense ratio2.46%N/A
Max 12b1 fee1.00%N/A
Max front end sales loadN/AN/A
Max deferred sales load5.00%N/A
3-yr expense projection1,052N/A
5-yr expense projection1,397N/A
10-yr expense projection2,472N/A
© 2024 Yahoo. All rights reserved.