Delaware Corporate Bond Fund (DGCIX)

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Delaware Corporate Bond Fund (DGCIX) is up 0.8% since the beginning of the year. DGCIX is currently trading at $15 per share. Investors who bought $1,000 worth of DGCIX shares 5 years ago would now be looking at an investment worth $1,006.

Delaware Corporate Bond Fund (DGCIX) has returned 0.83% so far this year and 6.31% over the past 12 months. Over the last ten years, DGCIX has returned 3.03% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Sep 15, 1998, DGCIX's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, an investment would double in approximately 12.6 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +6.4%, while the worst month was Oct 2008 at -8.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, DGCIX closed higher 42% of trading days. The best single day was Apr 9, 2020 with a return of +2.2%, while the worst single day was Mar 18, 2020 at -4.4%.

Delaware Corporate Bond Fund has an annualized alpha of 5.79%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since September 16, 1998.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (24.41%) than losses (11.04%) - typical of diversified or defensive assets.
• Beta of -0.01 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

DGCIX has an expense ratio of 0.57%, placing it in the medium range.

DGCIX ranks 24 for risk / return — below 24% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Delaware Corporate Bond Fund (DGCIX) and compare them to S&P 500 Index.

Delaware Corporate Bond Fund provided a 5.10% dividend yield over the last twelve months, with an annual payout of $0.78 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Delaware Corporate Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Delaware Corporate Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Delaware Corporate Bond Fund was 22.98%, occurring on Oct 21, 2022. The portfolio has not yet recovered.

The current Delaware Corporate Bond Fund drawdown is 2.88%.

The chart below shows the rolling one-month volatility.