Delaware High Yield Opportunities Fund (DHOIX)
Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities rated at the time of purchase lower than BBB- by Standard & Poor's Financial Services LLC, Baa3 by Moody's Investors Services, Inc. (Moody's), or similarly rated by another nationally recognized statistical rating organization (NRSRO). It may also invest in U.S. and foreign government securities and corporate bonds of foreign issuers. The fund may invest up to 40% of its net assets in foreign securities.
Fund Info
| ISIN | US2459088439 |
|---|---|
| Issuer | Delaware Funds |
| Inception Date | Dec 30, 1996 |
| Category | High Yield Bonds |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
DHOIX has a high expense ratio of 0.69%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Delaware High Yield Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Delaware High Yield Opportunities Fund had a return of -0.72% year-to-date (YTD) and 8.07% in the last 12 months. Over the past 10 years, Delaware High Yield Opportunities Fund had an annualized return of 3.63%, while the S&P 500 had an annualized return of 10.37%, indicating that Delaware High Yield Opportunities Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.72% | 5.57% |
| 1 month | -2.03% | -4.16% |
| 6 months | 7.43% | 20.07% |
| 1 year | 8.07% | 20.82% |
| 5 years (annualized) | 4.21% | 11.56% |
| 10 years (annualized) | 3.63% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.04% | 0.23% | 1.14% | |||||||||
| 2023 | -1.24% | 4.21% | 3.84% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of DHOIX is 73, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Delaware High Yield Opportunities Fund(DHOIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Delaware High Yield Opportunities Fund (DHOIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Delaware High Yield Opportunities Fund granted a 6.21% dividend yield in the last twelve months. The annual payout for that period amounted to $0.21 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.21 | $0.22 | $0.20 | $0.19 | $0.23 | $0.22 | $0.23 | $0.26 | $0.22 | $0.25 | $0.31 | $0.28 |
Dividend yield | 6.21% | 6.50% | 6.13% | 4.95% | 5.97% | 5.88% | 6.72% | 6.85% | 5.70% | 6.92% | 7.64% | 6.46% |
Monthly Dividends
The table displays the monthly dividend distributions for Delaware High Yield Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.02 | |||||||||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 |
| 2022 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.03 | $0.02 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2018 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.04 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.06 | $0.02 |
| 2013 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Delaware High Yield Opportunities 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 High Yield Opportunities Fund was 33.64%, occurring on Dec 12, 2008. Recovery took 190 trading sessions.
The current Delaware High Yield Opportunities Fund drawdown is 2.03%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.64% | Jun 4, 2007 | 386 | Dec 12, 2008 | 190 | Sep 16, 2009 | 576 |
| -21.12% | Feb 24, 2020 | 21 | Mar 23, 2020 | 90 | Jul 30, 2020 | 111 |
| -18.15% | Feb 15, 2001 | 411 | Oct 10, 2002 | 120 | Apr 3, 2003 | 531 |
| -15.78% | Sep 3, 2014 | 364 | Feb 11, 2016 | 226 | Jan 4, 2017 | 590 |
| -14.93% | Jan 3, 2022 | 187 | Sep 29, 2022 | 307 | Dec 19, 2023 | 494 |
Volatility
Volatility Chart
The current Delaware High Yield Opportunities Fund volatility is 1.29%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.