Schedule of investments
Delaware Ivy Value Fund
December 31, 2023 (Unaudited)
Number of shares | Value (US $) | ||
Common Stocks — 98.97% | |||
Communication Services — 6.05% | |||
Comcast Class A | 54,929 | $ 2,408,637 | |
Verizon Communications | 413,439 | 15,586,650 | |
Walt Disney | 147,608 | 13,327,526 | |
31,322,813 | |||
Consumer Discretionary — 6.12% | |||
Lowe's | 69,467 | 15,459,881 | |
TJX | 172,745 | 16,205,208 | |
31,665,089 | |||
Consumer Staples — 11.58% | |||
Archer-Daniels-Midland | 216,400 | 15,628,408 | |
Conagra Brands | 425,078 | 12,182,736 | |
Dollar General | 117,319 | 15,949,518 | |
Dollar Tree † | 113,885 | 16,177,364 | |
59,938,026 | |||
Energy — 3.04% | |||
ConocoPhillips | 135,591 | 15,738,048 | |
15,738,048 | |||
Financials — 17.10% | |||
Allstate | 114,303 | 16,000,134 | |
American International Group | 238,940 | 16,188,185 | |
Fidelity National Information Services | 228,103 | 13,702,147 | |
Travelers | 73,089 | 13,922,724 | |
Truist Financial | 362,333 | 13,377,334 | |
US Bancorp | 353,592 | 15,303,462 | |
88,493,986 | |||
Healthcare — 18.28% | |||
Baxter International | 373,759 | 14,449,523 | |
Cigna Group | 52,777 | 15,804,073 | |
CVS Health | 204,881 | 16,177,404 | |
Hologic † | 217,870 | 15,566,811 | |
Johnson & Johnson | 104,672 | 16,406,289 | |
Merck & Co. | 148,636 | 16,204,297 | |
94,608,397 | |||
Industrials — 12.32% | |||
Dover | 102,610 | 15,782,444 | |
Honeywell International | 75,080 | 15,745,027 | |
Northrop Grumman | 34,100 | 15,963,574 | |
RTX | 193,200 | 16,255,848 | |
63,746,893 | |||
Information Technology — 15.11% | |||
Cisco Systems | 304,419 | 15,379,248 | |
Cognizant Technology Solutions Class A | 205,173 | 15,496,717 |
Number of shares | Value (US $) | ||
Common Stocks (continued) | |||
Information Technology (continued) | |||
Motorola Solutions | 50,746 | $ 15,888,065 | |
Oracle | 143,477 | 15,126,780 | |
Teledyne Technologies † | 36,557 | 16,315,023 | |
78,205,833 | |||
Materials — 3.14% | |||
DuPont de Nemours | 211,640 | 16,281,465 | |
16,281,465 | |||
Real Estate — 3.06% | |||
Equity Residential | 259,396 | 15,864,659 | |
15,864,659 | |||
Utilities — 3.17% | |||
Duke Energy | 169,200 | 16,419,168 | |
16,419,168 | |||
Total Common Stocks (cost $490,726,048) | 512,284,377 | ||
Short-Term Investments — 0.17% | |||
Money Market Mutual Funds — 0.17% | |||
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 5.26%) | 219,227 | 219,227 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 5.25%) | 219,226 | 219,226 | |
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 5.37%) | 219,227 | 219,227 | |
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 5.27%) | 219,227 | 219,227 | |
Total Short-Term Investments (cost $876,907) | 876,907 | ||
Total Value of Securities—99.14% (cost $491,602,955) | 513,161,284 | ||
Receivables and Other Assets Net of Liabilities—0.86% | 4,448,081 | ||
Net Assets Applicable to 31,179,826 Shares Outstanding—100.00% | $517,609,365 |
† | Non-income producing security. |
NQ- IV066 [1223] 0224 (3376007) 1