Shareholder Report | 12 Months Ended |
Sep. 30, 2024 USD ($) Holding |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Ivy Funds |
Entity Central Index Key | 0000883622 |
Entity Investment Company Type | N-1A |
Document Period End Date | Sep. 30, 2024 |
C000160887 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Delaware Ivy Multi-Asset Income Fund |
Class Name | Class A |
Trading Symbol | IMAAX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Delaware Ivy Multi-Asset Income Fund (Fund) for the period of October 1, 2023, |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at delawarefunds.com/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. |
Additional Information Phone Number | 800 523-1918 |
Additional Information Website | delawarefunds.com/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 $ 1.00 % |
Expenses Paid, Amount | $ 109 |
Expense Ratio, Percent | 1% |
Factors Affecting Performance [Text Block] | Management’s discussion of Fund performance Performance highlights Delaware Ivy Multi-Asset Income Fund (Class A) returned 17.33% (excluding sales charge) for the 12 months ended September 30, 2024. The Delaware Ivy Multi-Asset Income Fund is a real assets portfolio that aims to provide capital appreciation and income, inflation protection, and diversification with a dynamic, multi-asset allocation framework built on market assessments using pairwise views by an experienced multi-asset allocation team with specialized experts in each asset class. During the period, the asset classes in scope for the Fund that delivered the highest returns were: Global equities Global listed infrastructure Global real estate The asset classes in scope for the Fund with the lowest returns during the period were: Global natural resources Investment grade fixed income High yield fixed income The largest detractor from performance relative to the blended benchmark of the Fund was an underweight to global equities combined with a negative selection effect within global equities primarily due to the extremely strong performance from US equities, particularly within the growth style cohort and mega-cap technology stocks. Additional detractors to relative performance included the These headwinds were partially offset by the positive effects of overweight allocations to global real estate and global listed infrastructure, which provided very strong returns more in-line with global equities during the period. *The blended benchmark is computed using a combination of 50% MSCI ACWI Index (net) / 50% ICE BofA US High Yield Index. |
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 multiple broad-based Growth of $10,000 investment For the period October 1, 2015 (Class A's inception), through September 30, 2024 |
Average Annual Return [Table Text Block] | Average annual total returns (as of September 30, 2024) 1 year 5 year Since inception Delaware Ivy Multi-Asset Income Fund (Class A) – including sales charge 10.53 % 3.49 % 4.50 % Delaware Ivy Multi-Asset Income Fund (Class A) – excluding sales charge 17.33 % 4.73 % 5.19 % MSCI ACWI Index (net) 31.76 % 12.19 % 11.27 % MSCI ACWI Index (gross) 32.35 % 12.72 % 11.83 % Bloomberg US Aggregate Index 11.57 % 0.33 % 1.72 % 50% MSCI ACWI Index / 50% ICE BofA US High Yield Index 23.54 % 8.45 % 8.71 % ICE BofA US High Yield Index 15.66 % 4.55 % 5.97 % |
Performance Inception Date | Oct. 01, 2015 |
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 MSCI ACWI Index and the Bloomberg US Aggregate Index. |
Prior Market Index Comparison [Text Block] | Although the MSCI ACWI Index and the Bloomberg US Aggregate 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 blended benchmark 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 | Feb. 29, 2024 |
Updated Performance Information Location [Text Block] | Visit delawarefunds.com/performance for the most recent performance information. |
Net Assets | $ 82,514,992 |
Holdings Count | Holding | 491 |
Advisory Fees Paid, Amount | $ 155,934 |
Investment Company Portfolio Turnover | 53% |
Additional Fund Statistics [Text Block] | Fund statistics Fund net assets $ Total number of portfolio holdings 491 Total advisory fees paid $ Portfolio turnover rate 53 % |
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. Portfolio composition Common Stocks 53.38 % Corporate Bonds 29.81 % Exchange-Traded Funds 7.94 % Agency Mortgage-Backed Securities 3.92 % Convertible Bond 1.26 % Non-Agency Commercial Mortgage-Backed Securities 1.11 % Preferred Stocks 0.76 % Short-Term Investments 0.48 % Loan Agreements 0.37 % US Treasury Obligations 0.08 % Top 10 equity holdings Diageo 0.95 % Koninklijke Ahold Delhaize 0.94 % SAP 0.94 % Visa Class A 0.90 % Equinix 0.88 % Nestle 0.87 % Unilever 0.86 % Welltower 0.86 % Smith & Nephew 0.86 % Securitas Class B 0.80 % |
Largest Holdings [Text Block] | Top 10 equity holdings Diageo 0.95 % Koninklijke Ahold Delhaize 0.94 % SAP 0.94 % Visa Class A 0.90 % Equinix 0.88 % Nestle 0.87 % Unilever 0.86 % Welltower 0.86 % Smith & Nephew 0.86 % Securitas Class B 0.80 % |
Material Fund Change [Text Block] | Material Fund changes For the fiscal year ended September 30, 2024, the Fund’s total annual operating expenses for Class A decreased from 1.06% to 1.00%. In addition, effective February 29, 2024, the Fund modified its principal investment strategies to reflect that Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), the Fund's sub-advisor that is primarily responsible for the day-to-day management of the portfolio, will also manage a tactical / completion sleeve of the Fund and such sleeve will typically vary from 0% to 20% of the Fund's total assets and primarily hold derivatives and exchange-traded funds. Effective February 29, 2024, This is a summary of certain changes to the Fund since the beginning of the reporting period. For more complete information, you may review the Fund's next prospectus, which we expect to be available by January 29, 2025, at delawarefunds.com/literature |
Material Fund Change Expenses [Text Block] | For the fiscal year ended September 30, 2024, the Fund’s total annual operating expenses for Class A decreased from 1.06% to 1.00%. |
Material Fund Change Strategies [Text Block] | In addition, effective February 29, 2024, the Fund modified its principal investment strategies to reflect that Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), the Fund's sub-advisor that is primarily responsible for the day-to-day management of the portfolio, will also manage a tactical / completion sleeve of the Fund and such sleeve will typically vary from 0% to 20% of the Fund's total assets and primarily hold derivatives and exchange-traded funds. |
Material Fund Change Risks Change [Text Block] | Effective February 29, 2024, |
Updated Prospectus Phone Number | 800 523-1918 |
Updated Prospectus Web Address | delawarefunds.com/literature |
C000160888 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Delaware Ivy Multi-Asset Income Fund |
Class Name | Class C |
Trading Symbol | IMACX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Delaware Ivy Multi-Asset Income Fund (Fund) for the period of October 1, 2023, |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at delawarefunds.com/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. |
Additional Information Phone Number | 800 523-1918 |
Additional Information Website | delawarefunds.com/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 $ 1.75 % |
Expenses Paid, Amount | $ 189 |
Expense Ratio, Percent | 1.75% |
Factors Affecting Performance [Text Block] | Management’s discussion of Fund performance Performance highlights Delaware Ivy Multi-Asset Income Fund (Class C) returned 16.38% (excluding sales charge) for the 12 months ended September 30, 2024. The Delaware Ivy Multi-Asset Income Fund is a real assets portfolio that aims to provide capital appreciation and income, inflation protection, and diversification with a dynamic, multi-asset allocation framework built on market assessments using pairwise views by an experienced multi-asset allocation team with specialized experts in each asset class. During the period, the asset classes in scope for the Fund that delivered the highest returns were: Global equities Global listed infrastructure Global real estate The asset classes in scope for the Fund with the lowest returns during the period were: Global natural resources Investment grade fixed income High yield fixed income The largest detractor from performance relative to the blended benchmark of the Fund was an underweight to global equities combined with a negative selection effect within global equities primarily due to the extremely strong performance from US equities, particularly within the growth style cohort and mega-cap technology stocks. Additional detractors to relative performance included the These headwinds were partially offset by the positive effects of overweight allocations to global real estate and global listed infrastructure, which provided very strong returns more in-line with global equities during the period. *The blended benchmark is computed using a combination of 50% MSCI ACWI Index (net) / 50% ICE BofA US High Yield Index. |
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 multiple broad-based Growth of $10,000 investment For the period October 1, 2015 (Class C's inception), through September 30, 2024 |
Average Annual Return [Table Text Block] | Average annual total returns (as of September 30, 2024) 1 year 5 year Since inception Delaware Ivy Multi-Asset Income Fund (Class C) – including sales charge 15.38 % 3.92 % 4.49 % Delaware Ivy Multi-Asset Income Fund (Class C) – excluding sales charge 16.38 % 3.92 % 4.49 % MSCI ACWI Index (net) 31.76 % 12.19 % 11.27 % MSCI ACWI Index (gross) 32.35 % 12.72 % 11.83 % Bloomberg US Aggregate Index 11.57 % 0.33 % 1.72 % 50% MSCI ACWI Index / 50% ICE BofA US High Yield Index 23.54 % 8.45 % 8.71 % ICE BofA US High Yield Index 15.66 % 4.55 % 5.97 % |
Performance Inception Date | Oct. 01, 2015 |
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 MSCI ACWI Index and the Bloomberg US Aggregate Index. |
Prior Market Index Comparison [Text Block] | Although the MSCI ACWI Index and the Bloomberg US Aggregate 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 blended benchmark 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 | Feb. 29, 2024 |
Updated Performance Information Location [Text Block] | Visit delawarefunds.com/performance for the most recent performance information. |
Net Assets | $ 82,514,992 |
Holdings Count | Holding | 491 |
Advisory Fees Paid, Amount | $ 155,934 |
Investment Company Portfolio Turnover | 53% |
Additional Fund Statistics [Text Block] | Fund statistics Fund net assets $ Total number of portfolio holdings 491 Total advisory fees paid $ Portfolio turnover rate 53 % |
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. Portfolio composition Common Stocks 53.38 % Corporate Bonds 29.81 % Exchange-Traded Funds 7.94 % Agency Mortgage-Backed Securities 3.92 % Convertible Bond 1.26 % Non-Agency Commercial Mortgage-Backed Securities 1.11 % Preferred Stocks 0.76 % Short-Term Investments 0.48 % Loan Agreements 0.37 % US Treasury Obligations 0.08 % Top 10 equity holdings Diageo 0.95 % Koninklijke Ahold Delhaize 0.94 % SAP 0.94 % Visa Class A 0.90 % Equinix 0.88 % Nestle 0.87 % Unilever 0.86 % Welltower 0.86 % Smith & Nephew 0.86 % Securitas Class B 0.80 % |
Largest Holdings [Text Block] | Top 10 equity holdings Diageo 0.95 % Koninklijke Ahold Delhaize 0.94 % SAP 0.94 % Visa Class A 0.90 % Equinix 0.88 % Nestle 0.87 % Unilever 0.86 % Welltower 0.86 % Smith & Nephew 0.86 % Securitas Class B 0.80 % |
Material Fund Change [Text Block] | Material Fund changes For the fiscal year ended September 30, 2024, the Fund’s total annual operating expenses for Class C decreased from 1.82% to 1.75%. In addition, effective February 29, 2024, the Fund modified its principal investment strategies to reflect that Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), the Fund's sub-advisor that is primarily responsible for the day-to-day management of the portfolio, will also manage a tactical / completion sleeve of the Fund and such sleeve will typically vary from 0% to 20% of the Fund's total assets and primarily hold derivatives and exchange-traded funds. Effective February 29, 2024, This is a summary of certain changes to the Fund since the beginning of the reporting period. For more complete information, you may review the Fund's next prospectus, which we expect to be available by January 29, 2025, at delawarefunds.com/literature |
Material Fund Change Expenses [Text Block] | For the fiscal year ended September 30, 2024, the Fund’s total annual operating expenses for Class C decreased from 1.82% to 1.75%. |
Material Fund Change Strategies [Text Block] | In addition, effective February 29, 2024, the Fund modified its principal investment strategies to reflect that Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), the Fund's sub-advisor that is primarily responsible for the day-to-day management of the portfolio, will also manage a tactical / completion sleeve of the Fund and such sleeve will typically vary from 0% to 20% of the Fund's total assets and primarily hold derivatives and exchange-traded funds. |
Material Fund Change Risks Change [Text Block] | Effective February 29, 2024, |
Updated Prospectus Phone Number | 800 523-1918 |
Updated Prospectus Web Address | delawarefunds.com/literature |
C000160889 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Delaware Ivy Multi-Asset Income Fund |
Class Name | Class I |
Trading Symbol | IMAIX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Delaware Ivy Multi-Asset Income Fund (Fund) for the period of October 1, 2023, |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at delawarefunds.com/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. |
Additional Information Phone Number | 800 523-1918 |
Additional Information Website | delawarefunds.com/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 I $ 0.75 % |
Expenses Paid, Amount | $ 82 |
Expense Ratio, Percent | 0.75% |
Factors Affecting Performance [Text Block] | Management’s discussion of Fund performance Performance highlights Delaware Ivy Multi-Asset Income Fund (Class I) returned 17.57% (excluding sales charge) for the 12 months ended September 30, 2024. The Delaware Ivy Multi-Asset Income Fund is a real assets portfolio that aims to provide capital appreciation and income, inflation protection, and diversification with a dynamic, multi-asset allocation framework built on market assessments using pairwise views by an experienced multi-asset allocation team with specialized experts in each asset class. During the period, the asset classes in scope for the Fund that delivered the highest returns were: Global equities Global listed infrastructure Global real estate The asset classes in scope for the Fund with the lowest returns during the period were: Global natural resources Investment grade fixed income High yield fixed income The largest detractor from performance relative to the blended benchmark of the Fund was an underweight to global equities combined with a negative selection effect within global equities primarily due to the extremely strong performance from US equities, particularly within the growth style cohort and mega-cap technology stocks. Additional detractors to relative performance included the These headwinds were partially offset by the positive effects of overweight allocations to global real estate and global listed infrastructure, which provided very strong returns more in-line with global equities during the period. *The blended benchmark is computed using a combination of 50% MSCI ACWI Index (net) / 50% ICE BofA US High Yield Index. |
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 multiple broad-based Growth of $10,000 investment For the period October 1, 2015 (Class I's inception), through September 30, 2024 |
Average Annual Return [Table Text Block] | Average annual total returns (as of September 30, 2024) 1 year 5 year Since inception Delaware Ivy Multi-Asset Income Fund (Class I) – including sales charge 17.57 % 5.11 % 5.57 % Delaware Ivy Multi-Asset Income Fund (Class I) – excluding sales charge 17.57 % 5.11 % 5.57 % MSCI ACWI Index (net) 31.76 % 12.19 % 11.27 % MSCI ACWI Index (gross) 32.35 % 12.72 % 11.83 % Bloomberg US Aggregate Index 11.57 % 0.33 % 1.72 % 50% MSCI ACWI Index / 50% ICE BofA US High Yield Index 23.54 % 8.45 % 8.71 % ICE BofA US High Yield Index 15.66 % 4.55 % 5.97 % |
Performance Inception Date | Oct. 01, 2015 |
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 MSCI ACWI Index and the Bloomberg US Aggregate Index. |
Prior Market Index Comparison [Text Block] | Although the MSCI ACWI Index and the Bloomberg US Aggregate 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 blended benchmark 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 | Feb. 29, 2024 |
Updated Performance Information Location [Text Block] | Visit delawarefunds.com/performance for the most recent performance information. |
Net Assets | $ 82,514,992 |
Holdings Count | Holding | 491 |
Advisory Fees Paid, Amount | $ 155,934 |
Investment Company Portfolio Turnover | 53% |
Additional Fund Statistics [Text Block] | Fund statistics Fund net assets $ Total number of portfolio holdings 491 Total advisory fees paid $ Portfolio turnover rate 53 % |
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. Portfolio composition Common Stocks 53.38 % Corporate Bonds 29.81 % Exchange-Traded Funds 7.94 % Agency Mortgage-Backed Securities 3.92 % Convertible Bond 1.26 % Non-Agency Commercial Mortgage-Backed Securities 1.11 % Preferred Stocks 0.76 % Short-Term Investments 0.48 % Loan Agreements 0.37 % US Treasury Obligations 0.08 % Top 10 equity holdings Diageo 0.95 % Koninklijke Ahold Delhaize 0.94 % SAP 0.94 % Visa Class A 0.90 % Equinix 0.88 % Nestle 0.87 % Unilever 0.86 % Welltower 0.86 % Smith & Nephew 0.86 % Securitas Class B 0.80 % |
Largest Holdings [Text Block] | Top 10 equity holdings Diageo 0.95 % Koninklijke Ahold Delhaize 0.94 % SAP 0.94 % Visa Class A 0.90 % Equinix 0.88 % Nestle 0.87 % Unilever 0.86 % Welltower 0.86 % Smith & Nephew 0.86 % Securitas Class B 0.80 % |
Material Fund Change [Text Block] | Material Fund changes Effective February 29, 2024, the Fund modified its principal investment strategies to reflect that Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), the Fund's sub-advisor that is primarily responsible for the day-to-day management of the portfolio, will also manage a tactical / completion sleeve of the Fund and such sleeve will typically vary from 0% to 20% of the Fund's total assets and primarily hold derivatives and exchange-traded funds. Effective February 29, 2024, This is a summary of certain changes to the Fund since the beginning of the reporting period. For more complete information, you may review the Fund's next prospectus, which we expect to be available by January 29, 2025, at delawarefunds.com/literature |
Material Fund Change Strategies [Text Block] | Effective February 29, 2024, the Fund modified its principal investment strategies to reflect that Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), the Fund's sub-advisor that is primarily responsible for the day-to-day management of the portfolio, will also manage a tactical / completion sleeve of the Fund and such sleeve will typically vary from 0% to 20% of the Fund's total assets and primarily hold derivatives and exchange-traded funds. |
Material Fund Change Risks Change [Text Block] | Effective February 29, 2024, |
Updated Prospectus Phone Number | 800 523-1918 |
Updated Prospectus Web Address | delawarefunds.com/literature |
C000160890 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Delaware Ivy Multi-Asset Income Fund |
Class Name | Class R6 |
Trading Symbol | IMURX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Delaware Ivy Multi-Asset Income Fund (Fund) for the period of October 1, 2023, |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at delawarefunds.com/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. |
Additional Information Phone Number | 800 523-1918 |
Additional Information Website | delawarefunds.com/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 $ 0.67 % |
Expenses Paid, Amount | $ 73 |
Expense Ratio, Percent | 0.67% |
Factors Affecting Performance [Text Block] | Management’s discussion of Fund performance Performance highlights Delaware Ivy Multi-Asset Income Fund (Class R6) returned 17.65% (excluding sales charge) for the 12 months ended September 30, 2024. The Delaware Ivy Multi-Asset Income Fund is a real assets portfolio that aims to provide capital appreciation and income, inflation protection, and diversification with a dynamic, multi-asset allocation framework built on market assessments using pairwise views by an experienced multi-asset allocation team with specialized experts in each asset class. During the period, the asset classes in scope for the Fund that delivered the highest returns were: Global equities Global listed infrastructure Global real estate The asset classes in scope for the Fund with the lowest returns during the period were: Global natural resources Investment grade fixed income High yield fixed income The largest detractor from performance relative to the blended benchmark of the Fund was an underweight to global equities combined with a negative selection effect within global equities primarily due to the extremely strong performance from US equities, particularly within the growth style cohort and mega-cap technology stocks. Additional detractors to relative performance included the These headwinds were partially offset by the positive effects of overweight allocations to global real estate and global listed infrastructure, which provided very strong returns more in-line with global equities during the period. *The blended benchmark is computed using a combination of 50% MSCI ACWI Index (net) / 50% ICE BofA US High Yield Index. |
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 multiple broad-based Growth of $10,000 investment For the period October 1, 2015 (Class R6's inception), through September 30, 2024 |
Average Annual Return [Table Text Block] | Average annual total returns (as of September 30, 2024) 1 year 5 year Since inception Delaware Ivy Multi-Asset Income Fund (Class R6) – including sales charge 17.65 % 5.12 % 5.62 % Delaware Ivy Multi-Asset Income Fund (Class R6) – excluding sales charge 17.65 % 5.12 % 5.62 % MSCI ACWI Index (net) 31.76 % 12.19 % 11.27 % MSCI ACWI Index (gross) 32.35 % 12.72 % 11.83 % Bloomberg US Aggregate Index 11.57 % 0.33 % 1.72 % 50% MSCI ACWI Index / 50% ICE BofA US High Yield Index 23.54 % 8.45 % 8.71 % ICE BofA US High Yield Index 15.66 % 4.55 % 5.97 % |
Performance Inception Date | Oct. 01, 2015 |
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 MSCI ACWI Index and the Bloomberg US Aggregate Index. |
Prior Market Index Comparison [Text Block] | Although the MSCI ACWI Index and the Bloomberg US Aggregate 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 blended benchmark 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 | Jan. 29, 2024 |
Updated Performance Information Location [Text Block] | Visit delawarefunds.com/performance for the most recent performance information. |
Net Assets | $ 82,514,992 |
Holdings Count | Holding | 491 |
Advisory Fees Paid, Amount | $ 155,934 |
Investment Company Portfolio Turnover | 53% |
Additional Fund Statistics [Text Block] | Fund statistics Fund net assets $ Total number of portfolio holdings 491 Total advisory fees paid $ Portfolio turnover rate 53 % |
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. Portfolio composition Common Stocks 53.38 % Corporate Bonds 29.81 % Exchange-Traded Funds 7.94 % Agency Mortgage-Backed Securities 3.92 % Convertible Bond 1.26 % Non-Agency Commercial Mortgage-Backed Securities 1.11 % Preferred Stocks 0.76 % Short-Term Investments 0.48 % Loan Agreements 0.37 % US Treasury Obligations 0.08 % Top 10 equity holdings Diageo 0.95 % Koninklijke Ahold Delhaize 0.94 % SAP 0.94 % Visa Class A 0.90 % Equinix 0.88 % Nestle 0.87 % Unilever 0.86 % Welltower 0.86 % Smith & Nephew 0.86 % Securitas Class B 0.80 % |
Largest Holdings [Text Block] | Top 10 equity holdings Diageo 0.95 % Koninklijke Ahold Delhaize 0.94 % SAP 0.94 % Visa Class A 0.90 % Equinix 0.88 % Nestle 0.87 % Unilever 0.86 % Welltower 0.86 % Smith & Nephew 0.86 % Securitas Class B 0.80 % |
Material Fund Change [Text Block] | Material Fund changes Effective January 29, 2024, the Fund introduced a revised fee waiver for Class R6 shares of 0.63% (excluding certain items), which resulted in a decrease in the net annual operating expenses for Class R6 from 0.75% to 0.67%. In addition, effective February 29, 2024, the Fund modified its principal investment strategies to reflect that Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), the Fund's sub-advisor that is primarily responsible for the day-to-day management of the portfolio, will also manage a tactical / completion sleeve of the Fund and such sleeve will typically vary from 0% to 20% of the Fund's total assets and primarily hold derivatives and exchange-traded funds. Effective February 29, 2024, This is a summary of certain changes to the Fund since the beginning of the reporting period. For more complete information, you may review the Fund's next prospectus, which we expect to be available by January 29, 2025, at delawarefunds.com/literature |
Material Fund Change Expenses [Text Block] | Effective January 29, 2024, the Fund introduced a revised fee waiver for Class R6 shares of 0.63% (excluding certain items), which resulted in a decrease in the net annual operating expenses for Class R6 from 0.75% to 0.67%. |
Material Fund Change Strategies [Text Block] | In addition, effective February 29, 2024, the Fund modified its principal investment strategies to reflect that Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), the Fund's sub-advisor that is primarily responsible for the day-to-day management of the portfolio, will also manage a tactical / completion sleeve of the Fund and such sleeve will typically vary from 0% to 20% of the Fund's total assets and primarily hold derivatives and exchange-traded funds. |
Material Fund Change Risks Change [Text Block] | Effective February 29, 2024, |
Updated Prospectus Phone Number | 800 523-1918 |
Updated Prospectus Web Address | delawarefunds.com/literature |
C000160886 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Delaware Ivy Multi-Asset Income Fund |
Class Name | Class Y |
Trading Symbol | IMAYX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about Delaware Ivy Multi-Asset Income Fund (Fund) for the period of October 1, 2023, |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at delawarefunds.com/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. |
Additional Information Phone Number | 800 523-1918 |
Additional Information Website | delawarefunds.com/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 Y $ 1.00 % |
Expenses Paid, Amount | $ 109 |
Expense Ratio, Percent | 1% |
Factors Affecting Performance [Text Block] | Management’s discussion of Fund performance Performance highlights Delaware Ivy Multi-Asset Income Fund (Class Y) returned 17.32% (excluding sales charge) for the 12 months ended September 30, 2024. The Delaware Ivy Multi-Asset Income Fund is a real assets portfolio that aims to provide capital appreciation and income, inflation protection, and diversification with a dynamic, multi-asset allocation framework built on market assessments using pairwise views by an experienced multi-asset allocation team with specialized experts in each asset class. During the period, the asset classes in scope for the Fund that delivered the highest returns were: Global equities Global listed infrastructure Global real estate The asset classes in scope for the Fund with the lowest returns during the period were: Global natural resources Investment grade fixed income High yield fixed income The largest detractor from performance relative to the blended benchmark of the Fund was an underweight to global equities combined with a negative selection effect within global equities primarily due to the extremely strong performance from US equities, particularly within the growth style cohort and mega-cap technology stocks. Additional detractors to relative performance included the These headwinds were partially offset by the positive effects of overweight allocations to global real estate and global listed infrastructure, which provided very strong returns more in-line with global equities during the period. *The blended benchmark is computed using a combination of 50% MSCI ACWI Index (net) / 50% ICE BofA US High Yield Index. |
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 multiple broad-based Growth of $10,000 investment For the period October 1, 2015 (Class Y's inception), through September 30, 2024 |
Average Annual Return [Table Text Block] | Average annual total returns (as of September 30, 2024) 1 year 5 year Since inception Delaware Ivy Multi-Asset Income Fund (Class Y) – including sales charge 17.32 % 4.75 % 5.23 % Delaware Ivy Multi-Asset Income Fund (Class Y) – excluding sales charge 17.32 % 4.75 % 5.23 % MSCI ACWI Index (net) 31.76 % 12.19 % 11.27 % MSCI ACWI Index (gross) 32.35 % 12.72 % 11.83 % Bloomberg US Aggregate Index 11.57 % 0.33 % 1.72 % 50% MSCI ACWI Index / 50% ICE BofA US High Yield Index 23.54 % 8.45 % 8.71 % ICE BofA US High Yield Index 15.66 % 4.55 % 5.97 % |
Performance Inception Date | Oct. 01, 2015 |
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 MSCI ACWI Index and the Bloomberg US Aggregate Index. |
Prior Market Index Comparison [Text Block] | Although the MSCI ACWI Index and the Bloomberg US Aggregate 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 blended benchmark 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 | Feb. 29, 2024 |
Updated Performance Information Location [Text Block] | Visit delawarefunds.com/performance for the most recent performance information. |
Net Assets | $ 82,514,992 |
Holdings Count | Holding | 491 |
Advisory Fees Paid, Amount | $ 155,934 |
Investment Company Portfolio Turnover | 53% |
Additional Fund Statistics [Text Block] | Fund statistics Fund net assets $ Total number of portfolio holdings 491 Total advisory fees paid $ Portfolio turnover rate 53 % |
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. Portfolio composition Common Stocks 53.38 % Corporate Bonds 29.81 % Exchange-Traded Funds 7.94 % Agency Mortgage-Backed Securities 3.92 % Convertible Bond 1.26 % Non-Agency Commercial Mortgage-Backed Securities 1.11 % Preferred Stocks 0.76 % Short-Term Investments 0.48 % Loan Agreements 0.37 % US Treasury Obligations 0.08 % Top 10 equity holdings Diageo 0.95 % Koninklijke Ahold Delhaize 0.94 % SAP 0.94 % Visa Class A 0.90 % Equinix 0.88 % Nestle 0.87 % Unilever 0.86 % Welltower 0.86 % Smith & Nephew 0.86 % Securitas Class B 0.80 % |
Largest Holdings [Text Block] | Top 10 equity holdings Diageo 0.95 % Koninklijke Ahold Delhaize 0.94 % SAP 0.94 % Visa Class A 0.90 % Equinix 0.88 % Nestle 0.87 % Unilever 0.86 % Welltower 0.86 % Smith & Nephew 0.86 % Securitas Class B 0.80 % |
Material Fund Change [Text Block] | Material Fund changes For the fiscal year ended September 30, 2024, the Fund’s total annual operating expenses for Class Y decreased from 1.06% to 1.00%. In addition, effective February 29, 2024, the Fund modified its principal investment strategies to reflect that Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), the Fund's sub-advisor that is primarily responsible for the day-to-day management of the portfolio, will also manage a tactical / completion sleeve of the Fund and such sleeve will typically vary from 0% to 20% of the Fund's total assets and primarily hold derivatives and exchange-traded funds. Effective February 29, 2024, This is a summary of certain changes to the Fund since the beginning of the reporting period. For more complete information, you may review the Fund's next prospectus, which we expect to be available by January 29, 2025, at delawarefunds.com/literature |
Material Fund Change Expenses [Text Block] | For the fiscal year ended September 30, 2024, the Fund’s total annual operating expenses for Class Y decreased from 1.06% to 1.00%. |
Material Fund Change Strategies [Text Block] | In addition, effective February 29, 2024, the Fund modified its principal investment strategies to reflect that Macquarie Investment Management Austria Kapitalanlage AG (MIMAK), the Fund's sub-advisor that is primarily responsible for the day-to-day management of the portfolio, will also manage a tactical / completion sleeve of the Fund and such sleeve will typically vary from 0% to 20% of the Fund's total assets and primarily hold derivatives and exchange-traded funds. |
Material Fund Change Risks Change [Text Block] | Effective February 29, 2024, |
Updated Prospectus Phone Number | 800 523-1918 |
Updated Prospectus Web Address | delawarefunds.com/literature |