Delaware Large Cap Value (DELDX)
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average rating: 3.50 / 2 ratings
DESCRIPTION:

Date updated:12-06-2007

From the Delaware Investments Website:

“Under normal circumstances, the Fund will invest at least 80% of its net assets in securities of large-capitalization companies (the "80% policy"). The Fund currently defines large-capitalization stocks as those with market capitalizations of $5 billion or greater at the time of purchase. Typically, we seek to select securities we believe are undervalued in relation to their intrinsic value as indicated by multiple factors, including the earnings and cash flow potential or the asset value of the respective issuers. We also consider a company's plans for future operations on a selective basis. We may sell a security if we no longer believe the security will contribute to meeting the investment objective of the Fund. The Fund's 80% policy can be changed without shareholder approval. However, shareholders would be given at least 60 days notice prior to any change.”

The fund was featured in the February 5th issue of Barron’s, as one of the top funds for their fourth favorite mutual fund family of 2006, Delaware Management. Barron’s had this to say about the fund:

“Helping the one-year results was Delaware Large Cap Value (DELDX), which finished near the top of its Lipper group. With assets of about $1.5 billion, it's fairly concentrated, with each holding accounting for roughly 3% of assets. One of its managers, D. Tysen Nutt, says the fund seeks "to find intrinsic value at a discounted price." Its one-year adjusted return was 23.7%. Aiding its performance: AT&T, Merck (MRK) and Mattel (MAT).”

Morningstar gives the fund 2 Stars.


Current Returns:

1-Year: 1.07%
3-Year: 8.23%
5-Year: 11.28%

symbol name last price % change open
  • +
  • CVX
    Chevron Corp
  • $80.22
  • -1.23%
  • $81.00

No Analysis added

People owning CVX also tend to own: AAALLAPCBUDCOPDOWGSK

TheStreet.com Rating: A- What is this?

  • +
  • LTD
    Limited Brands In
  • $20.69
  • -0.05%
  • $20.49

No Analysis added

People owning LTD also tend to own: ABTBMYBUDCCMCSKFDCHD

TheStreet.com Rating: C What is this?

  • +
  • COP
    Conocophillips
  • $75.43
  • -1.37%
  • $76.54

No Analysis added

People owning COP also tend to own: AIZAVTCHICCRHCXDIIB.PKDVN

TheStreet.com Rating: A What is this?

  • +
  • RRD
    Rr Donnelley Sons
  • $27.56
  • -1.75%
  • $27.87

No Analysis added

People owning RRD also tend to own: CACHCHKCTDVAETHEXACFDX

TheStreet.com Rating: C What is this?

  • +
  • T
    At&t Inc.
  • $31.50
  • -0.25%
  • $31.36

No Analysis added

People owning T also tend to own: AAALLAPCBABACCCAT

TheStreet.com Rating: B What is this?

  • +
  • HBAN
    Huntington Bcshs
  • $8.35
  • +10.45%
  • $7.56

No Analysis added

People owning HBAN also tend to own: ACOAXECENXCMTLCPOHURCJCI

TheStreet.com Rating: D+ What is this?

  • +
  • HNZ
    Heinz H J Co
  • $51.65
  • +0.29%
  • $51.32

No Analysis added

People owning HNZ also tend to own: DENNDRTEIASGJRCCMCDNOOFPBY

TheStreet.com Rating: A+ What is this?

  • +
  • WMI
    Waste Mgmt Inc
  • $34.89
  • +1.78%
  • $34.08

No Analysis added

People owning WMI also tend to own: ATIRIMMHMASYMCAWRSGGE

TheStreet.com Rating: B What is this?

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