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    Delaware Foundation Moderate Allc A (DFBAX)

    10.17 Up 0.07(0.69%) Feb 12

    Profile as of Jan 30, 2016Get Profile for:
    Delaware Foundation Moderate Allc A
    Delaware Group Foundation Funds2005 Market StPhiladelphia, PA 19103
    Map
    Phone: 800-523-1918
    Fund Overview 
    Category:Moderate Allocation
    Fund Family:Delaware Investments
    Net Assets:267.48M
    Year-to-Date Return:-3.15%
    Yield:1.76%
    Morningstar Rating:2 stars
    Fund Inception Date:Dec 31, 1997
    Morningstar Style Box 
    Moderate Allocation
    [View Category Definition]
    View Top Moderate Allocation Funds
    About the Morningstar Style Box
    Management Information 
    Francis S. Morris
    Lead Manager since May 7, 2004
    Francis X. Morris joined Delaware Investments in 1997 as a vice president and portfolio manager, and is currently the chief investment officer for Core Equity investments. Mr. Morris is also a member of the firm’s asset allocation committee, which is responsible for building and managing multi-asset class portfolios. In addition, Mr. Morris serves as a Trustee for the Delaware Management Holdings, Inc. (Delaware Investments) 401(k) and Retirement Plan. Prior to joining the firm, Mr. Morris was vice president and director of equity research at PNC Asset Management. Mr. Morris received a bachelor’s degree from Providence College and holds an MBA from Widener University. Mr. Morris is currently a member of the Business Advisory Council of the Providence College School of Business. Mr. Morris is a past president of the CFA Society of Philadelphia and is a member of the CFA Institute. Mr. Morris is a former officer of the National Association of Petroleum Investment Analysts.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:250
    Min Initial Investment, AIP:250
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:25
    Min Subsequent Investment, AIP:25
    DFBAX can be purchased from 110 brokerages.

    Fund Summary 
    The investment seeks capital appreciation with current income as a secondary objective. The fund seeks to achieve its objectives by investing in a combination of underlying securities representing a variety of asset classes and investment styles. It will typically target about 60% of its net assets in equity securities and about 40% of its net assets in fixed income securities. The fund may invest 10% to 60% of net assets in foreign securities, and up to 15% of net assets in emerging market securities.

    Fund Operations 
    Last Dividend : 0.00
    Last Cap Gain (Jun 21, 2015) : 0.00
    Annual Holdings Turnover (Feb 10, 2016) : 65.00%
    Average for Category:43.00%
    Fees & Expenses 
    ExpenseDFBAXCategory Avg
    Annual Report Expense Ratio (net):1.16%0.89%
    Prospectus Net Expense Ratio:1.14%N/A
    Prospectus Gross Expense Ratio:1.17%N/A
    Max 12b1 Fee:0.24%N/A
    Max Front End Sales Load:5.75%5.22%
    Max Deferred Sales Load: N/A2.31%
    3 Yr Expense Projection*:922542
    5 Yr Expense Projection*:1,179845
    10 Yr Expense Projection*:1,9111,688
    * Per $10,000 invested