Delaware Ivy Crossover Credit Fund (ICKYX)
The fund invests, under normal circumstances, at least 80% of its net assets in bonds. It invests primarily in corporate debt fixed-income securities, which can include both investment grade and non-investment grade rated bonds. The fund will primarily invest in debt securities issued by domestic companies, but also may invest up to 40% of its total assets in debt securities issued by foreign companies.
Fund Info
| ISIN | US46600B6645 |
|---|---|
| Issuer | Ivy Funds |
| Inception Date | Apr 3, 2017 |
| Category | Corporate Bonds |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
ICKYX has a high expense ratio of 0.90%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Delaware Ivy Crossover Credit 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 11.29% |
| 1 month | N/A | 4.87% |
| 6 months | N/A | 17.88% |
| 1 year | N/A | 29.16% |
| 5 years (annualized) | N/A | 13.20% |
| 10 years (annualized) | N/A | 10.97% |
Monthly Returns
The table below presents the monthly returns of ICKYX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 4.55% | -3.26% | 2.52% | 0.81% | -1.63% | 0.46% | 0.34% | -0.73% | -1.44% | 1.41% | |||
| 2022 | -3.22% | -2.14% | -2.70% | -5.89% | 0.54% | -3.81% | 3.78% | -3.19% | -5.46% | -0.77% | 5.12% | -0.77% | -17.54% |
| 2021 | -0.66% | -1.24% | -1.44% | 1.39% | 0.71% | 1.73% | 1.34% | -0.13% | -0.95% | 0.06% | -0.13% | 0.06% | 0.70% |
| 2020 | 2.48% | 0.74% | -10.51% | 7.43% | 3.18% | 3.58% | 3.28% | -0.68% | -0.06% | 0.03% | 3.41% | 7.94% | 21.40% |
| 2019 | 2.68% | 0.56% | 2.63% | 0.85% | 1.25% | 2.63% | 0.72% | 2.46% | -0.43% | 0.80% | 0.04% | 0.48% | 15.61% |
| 2018 | -0.98% | -1.79% | -0.10% | -1.02% | 0.00% | -0.62% | 1.04% | 0.41% | -0.37% | -1.20% | -0.28% | 0.61% | -4.26% |
| 2017 | 0.80% | 1.09% | 0.10% | 0.99% | 0.78% | -0.29% | 0.68% | -0.49% | 0.69% | 4.43% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Delaware Ivy Crossover Credit Fund (ICKYX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Delaware Ivy Crossover Credit Fund granted a 1.83% dividend yield in the last twelve months. The annual payout for that period amounted to $0.15 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.15 | $0.43 | $1.22 | $3.05 | $0.54 | $0.57 | $0.52 |
Dividend yield | 1.83% | 2.88% | 6.61% | 15.62% | 2.86% | 3.39% | 2.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Delaware Ivy Crossover Credit 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.02 | $0.00 | $0.28 | ||
| 2022 | $0.01 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.01 | $0.03 | $0.08 | $0.43 |
| 2021 | $0.01 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.92 | $1.22 |
| 2020 | $0.02 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $2.64 | $3.05 |
| 2019 | $0.02 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.09 | $0.54 |
| 2018 | $0.02 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.17 | $0.57 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.27 | $0.52 |
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 Ivy Crossover Credit 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 Ivy Crossover Credit Fund was 23.56%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.56% | Sep 23, 2021 | 273 | Oct 21, 2022 | — | — | — |
| -16.52% | Mar 6, 2020 | 11 | Mar 20, 2020 | 53 | Jun 5, 2020 | 64 |
| -5.06% | Dec 18, 2017 | 257 | Dec 26, 2018 | 57 | Mar 20, 2019 | 314 |
| -4.03% | Jan 5, 2021 | 51 | Mar 18, 2021 | 64 | Jun 18, 2021 | 115 |
| -2.32% | Sep 5, 2019 | 7 | Sep 13, 2019 | 15 | Oct 4, 2019 | 22 |
Volatility
Volatility Chart
The current Delaware Ivy Crossover Credit Fund volatility is 0.00%, 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.