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    Delaware Foundation Cnsrv Allc A (DFIAX)

    9.70 Up 0.02(0.21%) Jul 31

    Profile as of Jun 29, 2015Get Profile for:
    Delaware Foundation Cnsrv Allc A
    Delaware Group Foundation Funds2005 Market StPhiladelphia, PA 19103
    Map
    Phone: 800-523-1918
    Fund Overview 
    Category:Conservative Allocation
    Fund Family:Delaware Investments
    Net Assets:104.10M
    Year-to-Date Return:1.31%
    Yield:2.13%
    Morningstar Rating:3 stars
    Fund Inception Date:Dec 31, 1997
    Morningstar Style Box 
    Conservative Allocation
    [View Category Definition]
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    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
    DFIAX can be purchased from 104 brokerages.

    Fund Summary 
    The investment seeks a combination of current income and preservation of capital with capital appreciation. The fund invests in a combination of underlying securities representing a variety of asset classes and investment styles. The fund will typically target about 40% of its net assets in equity securities and about 60% of its net assets in fixed income securities. It may invest 5% to 50% of net assets in foreign securities, and up to 10% of net assets in emerging market securities.

    Fund Operations 
    Last Dividend (Jun 21, 2015) : 0.00
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jul 29, 2015) : 93.00%
    Average for Category:37.48%
    Fees & Expenses 
    ExpenseDFIAXCategory Avg
    Annual Report Expense Ratio (net):1.15%0.80%
    Prospectus Net Expense Ratio:1.15%N/A
    Prospectus Gross Expense Ratio:1.37%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:5.75%4.86%
    Max Deferred Sales Load: N/A2.19%
    3 Yr Expense Projection*:963567
    5 Yr Expense Projection*:1,262915
    10 Yr Expense Projection*:2,1091,833
    * Per $10,000 invested