Shareholder Report | 12 Months Ended |
Nov. 30, 2024 USD ($) Holding |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | DELAWARE GROUP EQUITY FUNDS II |
Entity Central Index Key | 0000027574 |
Entity Investment Company Type | N-1A |
Document Period End Date | Nov. 30, 2024 |
C000006333 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Macquarie Value® Fund(formerly, Delaware Value® Fund) |
Class Name | Class A |
Trading Symbol | DDVAX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Macquarie Value ® December 1, 2023, |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at macquarie.com/mam/literature. You can also request this information by contacting us at 800 523-1918, weekdays from 8:30am to 6:00pm ET. |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period except as otherwise noted in the Material Fund changes section. |
Additional Information Phone Number | 800 523-1918 |
Additional Information Website | macquarie.com/mam/literature |
Expenses [Text Block] | What were the Fund's costs for the last 12 months ? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Class A $ 0.98 % |
Expenses Paid, Amount | $ 108 |
Expense Ratio, Percent | 0.98% |
Factors Affecting Performance [Text Block] | Management's discussion of Performance highlights Macquarie Value ® November 30, 2024. ® ® Top contributors to performance: Holdings in the information technology sector outperformed, specifically positions in the software and communications equipment industries. In the real estate sector, the Fund’s residential real estate investment trust (REIT) holding outperformed the sector more broadly, benefiting from ongoing demand for rental apartments. Strong stock selection in addition to an underweight allocation in the materials sector contributed to performance over the reporting period. The Fund’s underweight allocation in the energy sector compared to its narrowly based index also contributed to performance over the reporting period. Top detractors from performance: Stock selection was the lead detractor from the Fund’s performance over the 12-month reporting period. In the consumer staples sector, the Fund’s holdings underperformed those in the Fund’s narrowly based index in the food products and consumer staples distribution & retail industries. Holdings in the industrials sector underperformed the sector more broadly, especially those with defense industry exposure, which tend to have lower economic sensitivity. Stock selection in the healthcare sector was weak as holdings in the healthcare equipment & supplies and pharmaceutical industries lagged the stronger returns of those in the Fund’s narrowly based index. Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell ® |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund's past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund performance The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Class. It also assumes a $10,000 initial investment at the beginning of the first full fiscal year in a broad-based Growth of $10,000 investment For the period November 30, 2014, through November 30, 2024 |
Average Annual Return [Table Text Block] | Average annual total returns as of November 30, 2024 1 year 5 year 10 year Macquarie Value ® 13.84 % 6.08 % 6.94 % Macquarie Value ® 20.77 % 7.34 % 7.58 % Russell 1000 Index 34.40 % 15.58 % 13.16 % Russell 1000 Value Index 29.56 % 10.84 % 9.32 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Performance Table Market Index Changed [Text Block] | In connection with new regulatory requirements, effective the date of this report, the Fund changed its broad-based securities market benchmark index to the Russell 1000 Index. Although the Russell 1000 Index can be considered broadly representative of the overall securities market applicable to the Fund, the Fund will continue to show the performance of the Russell 1000 Value Index for comparative purposes because Delaware Management Company, the Fund's manager, believes it is more representative of the Fund's investment universe. |
Material Change Date | Dec. 31, 2024 |
Updated Performance Information Location [Text Block] | Visit macquarie.com/mam/performance for the most recent performance information. |
Net Assets | $ 3,369,288,370 |
Holdings Count | Holding | 33 |
Advisory Fees Paid, Amount | $ 20,821,474 |
Investment Company Portfolio Turnover | 31% |
Additional Fund Statistics [Text Block] | Fund statistics Fund net assets $ Total number of portfolio holdings 33 Total advisory fees paid $ Portfolio turnover rate 31 % |
Holdings [Text Block] | Fund holdings The tables below show the investment makeup of the Fund, with each category representing a percentage of the total net assets of the Fund. Sector allocation Financials 20.34 % Information Technology 19.09 % Healthcare 15.27 % Industrials 13.30 % Consumer Discretionary 7.25 % Communication Services 5.63 % Energy 5.28 % Real Estate 3.48 % Materials 3.38 % Consumer Staples 3.37 % Utilities 3.32 % Top 10 equity holdings Cisco Systems 4.03 % Travelers 4.01 % Oracle 3.98 % US Bancorp 3.94 % Motorola Solutions 3.93 % Allstate 3.86 % Honeywell International 3.67 % Dover 3.65 % Teledyne Technologies 3.62 % Lowe's 3.61 % |
Largest Holdings [Text Block] | Top 10 equity holdings Cisco Systems 4.03 % Travelers 4.01 % Oracle 3.98 % US Bancorp 3.94 % Motorola Solutions 3.93 % Allstate 3.86 % Honeywell International 3.67 % Dover 3.65 % Teledyne Technologies 3.62 % Lowe's 3.61 % |
Material Fund Change [Text Block] | Material Fund changes On December 31, 2024, Delaware Value ® ® This is a summary of certain changes to the Fund that occurred during the reporting period except as otherwise noted. For more complete information, you may review the Fund's next prospectus, which we expect to be available by April 1, 2025, at macquarie.com/mam/literature |
Material Fund Change Name [Text Block] | On December 31, 2024, Delaware Value ® ® |
Summary of Change Legend [Text Block] | This is a summary of certain changes to the Fund that occurred during the reporting period except as otherwise noted. For more complete information, you may review the Fund's next prospectus, which we expect to be available by April 1, 2025, at macquarie.com/mam/literature |
Updated Prospectus Phone Number | 800 523-1918 |
Updated Prospectus Web Address | macquarie.com/mam/literature |
C000006335 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Macquarie Value® Fund(formerly, Delaware Value® Fund) |
Class Name | Class C |
Trading Symbol | DDVCX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Macquarie Value ® December 1, 2023, |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at macquarie.com/mam/literature. You can also request this information by contacting us at 800 523-1918, weekdays from 8:30am to 6:00pm ET. |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period except as otherwise noted in the Material Fund changes section. |
Additional Information Phone Number | 800 523-1918 |
Additional Information Website | macquarie.com/mam/literature |
Expenses [Text Block] | What were the Fund's costs for the last 12 months ? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Class C $ 1.73 % |
Expenses Paid, Amount | $ 190 |
Expense Ratio, Percent | 1.73% |
Factors Affecting Performance [Text Block] | Management's discussion of Performance highlights Macquarie Value ® November 30, 2024. ® ® Top contributors to performance: Holdings in the information technology sector outperformed, specifically positions in the software and communications equipment industries. In the real estate sector, the Fund’s residential real estate investment trust (REIT) holding outperformed the sector more broadly, benefiting from ongoing demand for rental apartments. Strong stock selection in addition to an underweight allocation in the materials sector contributed to performance over the reporting period. The Fund’s underweight allocation in the energy sector compared to its narrowly based index also contributed to performance over the reporting period. Top detractors from performance: Stock selection was the lead detractor from the Fund’s performance over the 12-month reporting period. In the consumer staples sector, the Fund’s holdings underperformed those in the Fund’s narrowly based index in the food products and consumer staples distribution & retail industries. Holdings in the industrials sector underperformed the sector more broadly, especially those with defense industry exposure, which tend to have lower economic sensitivity. Stock selection in the healthcare sector was weak as holdings in the healthcare equipment & supplies and pharmaceutical industries lagged the stronger returns of those in the Fund’s narrowly based index. Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell ® |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund's past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund performance The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Class. It also assumes a $10,000 initial investment at the beginning of the first full fiscal year in a broad-based Growth of $10,000 investment For the period November 30, 2014, through November 30, 2024 |
Average Annual Return [Table Text Block] | Average annual total returns as of November 30, 2024 1 year 5 year 10 year Macquarie Value ® 18.96 % 6.53 % 6.77 % Macquarie Value ® 19.96 % 6.53 % 6.77 % Russell 1000 Index 34.40 % 15.58 % 13.16 % Russell 1000 Value Index 29.56 % 10.84 % 9.32 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Performance Table Market Index Changed [Text Block] | In connection with new regulatory requirements, effective the date of this report, the Fund changed its broad-based securities market benchmark index to the Russell 1000 Index. Although the Russell 1000 Index can be considered broadly representative of the overall securities market applicable to the Fund, the Fund will continue to show the performance of the Russell 1000 Value Index for comparative purposes because Delaware Management Company, the Fund's manager, believes it is more representative of the Fund's investment universe. |
Material Change Date | Dec. 31, 2024 |
Updated Performance Information Location [Text Block] | Visit macquarie.com/mam/performance for the most recent performance information. |
Net Assets | $ 3,369,288,370 |
Holdings Count | Holding | 33 |
Advisory Fees Paid, Amount | $ 20,821,474 |
Investment Company Portfolio Turnover | 31% |
Additional Fund Statistics [Text Block] | Fund statistics Fund net assets $ Total number of portfolio holdings 33 Total advisory fees paid $ Portfolio turnover rate 31 % |
Holdings [Text Block] | Fund holdings The tables below show the investment makeup of the Fund, with each category representing a percentage of the total net assets of the Fund. Sector allocation Financials 20.34 % Information Technology 19.09 % Healthcare 15.27 % Industrials 13.30 % Consumer Discretionary 7.25 % Communication Services 5.63 % Energy 5.28 % Real Estate 3.48 % Materials 3.38 % Consumer Staples 3.37 % Utilities 3.32 % Top 10 equity holdings Cisco Systems 4.03 % Travelers 4.01 % Oracle 3.98 % US Bancorp 3.94 % Motorola Solutions 3.93 % Allstate 3.86 % Honeywell International 3.67 % Dover 3.65 % Teledyne Technologies 3.62 % Lowe's 3.61 % |
Largest Holdings [Text Block] | Top 10 equity holdings Cisco Systems 4.03 % Travelers 4.01 % Oracle 3.98 % US Bancorp 3.94 % Motorola Solutions 3.93 % Allstate 3.86 % Honeywell International 3.67 % Dover 3.65 % Teledyne Technologies 3.62 % Lowe's 3.61 % |
Material Fund Change [Text Block] | Material Fund changes On December 31, 2024, Delaware Value ® ® This is a summary of certain changes to the Fund that occurred during the reporting period except as otherwise noted. For more complete information, you may review the Fund's next prospectus, which we expect to be available by April 1, 2025, at macquarie.com/mam/literature |
Material Fund Change Name [Text Block] | On December 31, 2024, Delaware Value ® ® |
Summary of Change Legend [Text Block] | This is a summary of certain changes to the Fund that occurred during the reporting period except as otherwise noted. For more complete information, you may review the Fund's next prospectus, which we expect to be available by April 1, 2025, at macquarie.com/mam/literature |
Updated Prospectus Phone Number | 800 523-1918 |
Updated Prospectus Web Address | macquarie.com/mam/literature |
C000031061 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Macquarie Value® Fund(formerly, Delaware Value® Fund) |
Class Name | Class R |
Trading Symbol | DDVRX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Macquarie Value ® December 1, 2023, |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at macquarie.com/mam/literature. You can also request this information by contacting us at 800 523-1918, weekdays from 8:30am to 6:00pm ET. |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period except as otherwise noted in the Material Fund changes section. |
Additional Information Phone Number | 800 523-1918 |
Additional Information Website | macquarie.com/mam/literature |
Expenses [Text Block] | What were the Fund's costs for the last 12 months ? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Class R $ 1.23 % |
Expenses Paid, Amount | $ 136 |
Expense Ratio, Percent | 1.23% |
Factors Affecting Performance [Text Block] | Management's discussion of Performance highlights Macquarie Value ® November 30, 2024. ® ® Top contributors to performance: Holdings in the information technology sector outperformed, specifically positions in the software and communications equipment industries. In the real estate sector, the Fund’s residential real estate investment trust (REIT) holding outperformed the sector more broadly, benefiting from ongoing demand for rental apartments. Strong stock selection in addition to an underweight allocation in the materials sector contributed to performance over the reporting period. The Fund’s underweight allocation in the energy sector compared to its narrowly based index also contributed to performance over the reporting period. Top detractors from performance: Stock selection was the lead detractor from the Fund’s performance over the 12-month reporting period. In the consumer staples sector, the Fund’s holdings underperformed those in the Fund’s narrowly based index in the food products and consumer staples distribution & retail industries. Holdings in the industrials sector underperformed the sector more broadly, especially those with defense industry exposure, which tend to have lower economic sensitivity. Stock selection in the healthcare sector was weak as holdings in the healthcare equipment & supplies and pharmaceutical industries lagged the stronger returns of those in the Fund’s narrowly based index. Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell ® |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund's past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund performance The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Class. It also assumes a $10,000 initial investment at the beginning of the first full fiscal year in a broad-based Growth of $10,000 investment For the period November 30, 2014, through November 30, 2024 |
Average Annual Return [Table Text Block] | Average annual total returns as of November 30, 2024 1 year 5 year 10 year Macquarie Value ® 20.46 % 7.07 % 7.30 % Macquarie Value ® 20.46 % 7.07 % 7.30 % Russell 1000 Index 34.40 % 15.58 % 13.16 % Russell 1000 Value Index 29.56 % 10.84 % 9.32 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Performance Table Market Index Changed [Text Block] | In connection with new regulatory requirements, effective the date of this report, the Fund changed its broad-based securities market benchmark index to the Russell 1000 Index. Although the Russell 1000 Index can be considered broadly representative of the overall securities market applicable to the Fund, the Fund will continue to show the performance of the Russell 1000 Value Index for comparative purposes because Delaware Management Company, the Fund's manager, believes it is more representative of the Fund's investment universe. |
Material Change Date | Dec. 31, 2024 |
Updated Performance Information Location [Text Block] | Visit macquarie.com/mam/performance for the most recent performance information. |
Net Assets | $ 3,369,288,370 |
Holdings Count | Holding | 33 |
Advisory Fees Paid, Amount | $ 20,821,474 |
Investment Company Portfolio Turnover | 31% |
Additional Fund Statistics [Text Block] | Fund statistics Fund net assets $ Total number of portfolio holdings 33 Total advisory fees paid $ Portfolio turnover rate 31 % |
Holdings [Text Block] | Fund holdings The tables below show the investment makeup of the Fund, with each category representing a percentage of the total net assets of the Fund. Sector allocation Financials 20.34 % Information Technology 19.09 % Healthcare 15.27 % Industrials 13.30 % Consumer Discretionary 7.25 % Communication Services 5.63 % Energy 5.28 % Real Estate 3.48 % Materials 3.38 % Consumer Staples 3.37 % Utilities 3.32 % Top 10 equity holdings Cisco Systems 4.03 % Travelers 4.01 % Oracle 3.98 % US Bancorp 3.94 % Motorola Solutions 3.93 % Allstate 3.86 % Honeywell International 3.67 % Dover 3.65 % Teledyne Technologies 3.62 % Lowe's 3.61 % |
Largest Holdings [Text Block] | Top 10 equity holdings Cisco Systems 4.03 % Travelers 4.01 % Oracle 3.98 % US Bancorp 3.94 % Motorola Solutions 3.93 % Allstate 3.86 % Honeywell International 3.67 % Dover 3.65 % Teledyne Technologies 3.62 % Lowe's 3.61 % |
Material Fund Change [Text Block] | Material Fund changes On December 31, 2024, Delaware Value ® ® This is a summary of certain changes to the Fund that occurred during the reporting period except as otherwise noted. For more complete information, you may review the Fund's next prospectus, which we expect to be available by April 1, 2025, at macquarie.com/mam/literature |
Material Fund Change Name [Text Block] | On December 31, 2024, Delaware Value ® ® |
Summary of Change Legend [Text Block] | This is a summary of certain changes to the Fund that occurred during the reporting period except as otherwise noted. For more complete information, you may review the Fund's next prospectus, which we expect to be available by April 1, 2025, at macquarie.com/mam/literature |
Updated Prospectus Phone Number | 800 523-1918 |
Updated Prospectus Web Address | macquarie.com/mam/literature |
C000006336 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Macquarie Value® Fund(formerly, Delaware Value® Fund) |
Class Name | Institutional Class |
Trading Symbol | DDVIX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Macquarie Value ® December 1, 2023, |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at macquarie.com/mam/literature. You can also request this information by contacting us at 800 523-1918, weekdays from 8:30am to 6:00pm ET. |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period except as otherwise noted in the Material Fund changes section. |
Additional Information Phone Number | 800 523-1918 |
Additional Information Website | macquarie.com/mam/literature |
Expenses [Text Block] | What were the Fund's costs for the last 12 months ? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Institutional Class $ 0.73 % |
Expenses Paid, Amount | $ 81 |
Expense Ratio, Percent | 0.73% |
Factors Affecting Performance [Text Block] | Management's discussion of Performance highlights Macquarie Value ® November 30, 2024. ® ® Top contributors to performance: Holdings in the information technology sector outperformed, specifically positions in the software and communications equipment industries. In the real estate sector, the Fund’s residential real estate investment trust (REIT) holding outperformed the sector more broadly, benefiting from ongoing demand for rental apartments. Strong stock selection in addition to an underweight allocation in the materials sector contributed to performance over the reporting period. The Fund’s underweight allocation in the energy sector compared to its narrowly based index also contributed to performance over the reporting period. Top detractors from performance: Stock selection was the lead detractor from the Fund’s performance over the 12-month reporting period. In the consumer staples sector, the Fund’s holdings underperformed those in the Fund’s narrowly based index in the food products and consumer staples distribution & retail industries. Holdings in the industrials sector underperformed the sector more broadly, especially those with defense industry exposure, which tend to have lower economic sensitivity. Stock selection in the healthcare sector was weak as holdings in the healthcare equipment & supplies and pharmaceutical industries lagged the stronger returns of those in the Fund’s narrowly based index. Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell ® |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund's past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund performance The following graph compares the initial and subsequent account values at the end of each of the most recently completed 10 fiscal years of the Class. It also assumes a $10,000 initial investment at the beginning of the first full fiscal year in a broad-based Growth of $10,000 investment For the period November 30, 2014, through November 30, 2024 |
Average Annual Return [Table Text Block] | Average annual total returns as of November 30, 2024 1 year 5 year 10 year Macquarie Value ® 21.14 % 7.61 % 7.85 % Macquarie Value ® 21.14 % 7.61 % 7.85 % Russell 1000 Index 34.40 % 15.58 % 13.16 % Russell 1000 Value Index 29.56 % 10.84 % 9.32 % |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Performance Table Market Index Changed [Text Block] | In connection with new regulatory requirements, effective the date of this report, the Fund changed its broad-based securities market benchmark index to the Russell 1000 Index. Although the Russell 1000 Index can be considered broadly representative of the overall securities market applicable to the Fund, the Fund will continue to show the performance of the Russell 1000 Value Index for comparative purposes because Delaware Management Company, the Fund's manager, believes it is more representative of the Fund's investment universe. |
Material Change Date | Dec. 31, 2024 |
Updated Performance Information Location [Text Block] | Visit macquarie.com/mam/performance for the most recent performance information. |
Net Assets | $ 3,369,288,370 |
Holdings Count | Holding | 33 |
Advisory Fees Paid, Amount | $ 20,821,474 |
Investment Company Portfolio Turnover | 31% |
Additional Fund Statistics [Text Block] | Fund statistics Fund net assets $ Total number of portfolio holdings 33 Total advisory fees paid $ Portfolio turnover rate 31 % |
Holdings [Text Block] | Fund holdings The tables below show the investment makeup of the Fund, with each category representing a percentage of the total net assets of the Fund. Sector allocation Financials 20.34 % Information Technology 19.09 % Healthcare 15.27 % Industrials 13.30 % Consumer Discretionary 7.25 % Communication Services 5.63 % Energy 5.28 % Real Estate 3.48 % Materials 3.38 % Consumer Staples 3.37 % Utilities 3.32 % Top 10 equity holdings Cisco Systems 4.03 % Travelers 4.01 % Oracle 3.98 % US Bancorp 3.94 % Motorola Solutions 3.93 % Allstate 3.86 % Honeywell International 3.67 % Dover 3.65 % Teledyne Technologies 3.62 % Lowe's 3.61 % |
Largest Holdings [Text Block] | Top 10 equity holdings Cisco Systems 4.03 % Travelers 4.01 % Oracle 3.98 % US Bancorp 3.94 % Motorola Solutions 3.93 % Allstate 3.86 % Honeywell International 3.67 % Dover 3.65 % Teledyne Technologies 3.62 % Lowe's 3.61 % |
Material Fund Change [Text Block] | Material Fund changes On December 31, 2024, Delaware Value ® ® This is a summary of certain changes to the Fund that occurred during the reporting period except as otherwise noted. For more complete information, you may review the Fund's next prospectus, which we expect to be available by April 1, 2025, at macquarie.com/mam/literature |
Material Fund Change Name [Text Block] | On December 31, 2024, Delaware Value ® ® |
Summary of Change Legend [Text Block] | This is a summary of certain changes to the Fund that occurred during the reporting period except as otherwise noted. For more complete information, you may review the Fund's next prospectus, which we expect to be available by April 1, 2025, at macquarie.com/mam/literature |
Updated Prospectus Phone Number | 800 523-1918 |
Updated Prospectus Web Address | macquarie.com/mam/literature |
C000171459 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Macquarie Value® Fund(formerly, Delaware Value® Fund) |
Class Name | Class R6 |
Trading Symbol | DDZRX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Macquarie Value ® December 1, 2023, |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at macquarie.com/mam/literature. You can also request this information by contacting us at 800 523-1918, weekdays from 8:30am to 6:00pm ET. |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred during the reporting period except as otherwise noted in the Material Fund changes section. |
Additional Information Phone Number | 800 523-1918 |
Additional Information Website | macquarie.com/mam/literature |
Expenses [Text Block] | What were the Fund's costs for the last 12 months ? (Based on a hypothetical $10,000 investment) Class Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Class R6 $ 0.62 % |
Expenses Paid, Amount | $ 69 |
Expense Ratio, Percent | 0.62% |
Factors Affecting Performance [Text Block] | Management's discussion of Performance highlights Macquarie Value ® November 30, 2024. ® ® Top contributors to performance: Holdings in the information technology sector outperformed, specifically positions in the software and communications equipment industries. In the real estate sector, the Fund’s residential real estate investment trust (REIT) holding outperformed the sector more broadly, benefiting from ongoing demand for rental apartments. Strong stock selection in addition to an underweight allocation in the materials sector contributed to performance over the reporting period. The Fund’s underweight allocation in the energy sector compared to its narrowly based index also contributed to performance over the reporting period. Top detractors from performance: Stock selection was the lead detractor from the Fund’s performance over the 12-month reporting period. In the consumer staples sector, the Fund’s holdings underperformed those in the Fund’s narrowly based index in the food products and consumer staples distribution & retail industries. Holdings in the industrials sector underperformed the sector more broadly, especially those with defense industry exposure, which tend to have lower economic sensitivity. Stock selection in the healthcare sector was weak as holdings in the healthcare equipment & supplies and pharmaceutical industries lagged the stronger returns of those in the Fund’s narrowly based index. Frank Russell Company is the source and owner of the trademarks, service marks and copyrights related to the Russell Indexes. Russell ® |
Performance Past Does Not Indicate Future [Text] | Keep in mind that the Fund's past performance is not a good predictor of how the Fund will perform in the future. |
Line Graph [Table Text Block] | Fund performance The following graph compares the initial and subsequent account values at the end of each of the most recently completed fiscal years (or period) of the Class for the life of the Class. It also assumes a $10,000 initial investment at the Class's inception date in a broad-based Growth of $10,000 investment For the period May 2, 2016 (Class R6's inception), through November 30, 2024 |
Average Annual Return [Table Text Block] | Average annual total returns as of November 30, 2024 1 year 5 year Since inception Macquarie Value ® 21.22 % 7.71 % 8.60 % Macquarie Value ® 21.22 % 7.71 % 8.60 % Russell 1000 Index 34.40 % 15.58 % 15.07 % Russell 1000 Value Index 29.56 % 10.84 % 10.80 % |
Performance Inception Date | May 02, 2016 |
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Performance Table Market Index Changed [Text Block] | In connection with new regulatory requirements, effective the date of this report, the Fund changed its broad-based securities market benchmark index to the Russell 1000 Index. Although the Russell 1000 Index can be considered broadly representative of the overall securities market applicable to the Fund, the Fund will continue to show the performance of the Russell 1000 Value Index for comparative purposes because Delaware Management Company, the Fund's manager, believes it is more representative of the Fund's investment universe. |
Material Change Date | Dec. 31, 2024 |
Updated Performance Information Location [Text Block] | Visit macquarie.com/mam/performance for the most recent performance information. |
Net Assets | $ 3,369,288,370 |
Holdings Count | Holding | 33 |
Advisory Fees Paid, Amount | $ 20,821,474 |
Investment Company Portfolio Turnover | 31% |
Additional Fund Statistics [Text Block] | Fund statistics Fund net assets $ Total number of portfolio holdings 33 Total advisory fees paid $ Portfolio turnover rate 31 % |
Holdings [Text Block] | Fund holdings The tables below show the investment makeup of the Fund, with each category representing a percentage of the total net assets of the Fund. Sector allocation Financials 20.34 % Information Technology 19.09 % Healthcare 15.27 % Industrials 13.30 % Consumer Discretionary 7.25 % Communication Services 5.63 % Energy 5.28 % Real Estate 3.48 % Materials 3.38 % Consumer Staples 3.37 % Utilities 3.32 % Top 10 equity holdings Cisco Systems 4.03 % Travelers 4.01 % Oracle 3.98 % US Bancorp 3.94 % Motorola Solutions 3.93 % Allstate 3.86 % Honeywell International 3.67 % Dover 3.65 % Teledyne Technologies 3.62 % Lowe's 3.61 % |
Largest Holdings [Text Block] | Top 10 equity holdings Cisco Systems 4.03 % Travelers 4.01 % Oracle 3.98 % US Bancorp 3.94 % Motorola Solutions 3.93 % Allstate 3.86 % Honeywell International 3.67 % Dover 3.65 % Teledyne Technologies 3.62 % Lowe's 3.61 % |
Material Fund Change [Text Block] | Material Fund changes On December 31, 2024, Delaware Value ® ® This is a summary of certain changes to the Fund that occurred during the reporting period except as otherwise noted. For more complete information, you may review the Fund's next prospectus, which we expect to be available by April 1, 2025, at macquarie.com/mam/literature |
Material Fund Change Name [Text Block] | On December 31, 2024, Delaware Value ® ® |
Summary of Change Legend [Text Block] | This is a summary of certain changes to the Fund that occurred during the reporting period except as otherwise noted. For more complete information, you may review the Fund's next prospectus, which we expect to be available by April 1, 2025, at macquarie.com/mam/literature |
Updated Prospectus Phone Number | 800 523-1918 |
Updated Prospectus Web Address | macquarie.com/mam/literature |