Mutual Fund Insights: Delaware Global Real Estate Securities I Fund (DLRIX)

In-depth Analysis of Delaware Global Real Estate Securities I Fund (DLRIX)

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See Delaware Global Real Estate Securities I Fund (DLRIX) performance details as of January 31, 2010

  

Last Trade: $5.02 on 3/19/2010, Change: -0.04 (-0.79%)

  

Fund Manager - Babak Zenouzi

Fund Manager Tenure: 2.5 years   [Similar Funds: DLRAX ]
Fundmojo Fund Grade: B (Score: 0.61)     (What does this score mean?)

Zenouzi rejoined Delaware Investments in May 2006. He left the firm in 1999 after seven years as an analyst and portfolio manager. Currently, he leads the firm's REIT group. He also serves as lead portfolio manager for the firm's Dividend Income products, which he helped create in the 1990s. Most recently, Zenouzi worked at Chartwell Investment Partners from 1999 to 2006.He is a member of the National Association of Real Estate Investment Trusts.  Get more insights on Babak Zenouzi

  

 What we like about Delaware Global Real Estate Securities I Fund (DLRIX)

Data for Delaware Global Real Estate Securities I Fund (DLRIX) as of January 31, 2010

• Delaware Global Real Estate Securities I Fund (DLRIX) has a lower management fee than its Global Real Estate average: 1.15% vs 1.54%
• Delaware Global Real Estate Securities I Fund (DLRIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Delaware Global Real Estate Securities I Fund (DLRIX)

Data for Delaware Global Real Estate Securities I Fund (DLRIX) as of January 31, 2010

• Delaware Global Real Estate Securities I Fund (DLRIX) management has been with Delaware Global Real Estate Securities I Fund for only 2.5 years, it is hard to judge manager's ability based on this fund's operation record
• Delaware Global Real Estate Securities I Fund is a focused fund with 34.06% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Delaware Global Real Estate Securities I Fund (DLRIX) has a less-than-ideal short-term performance (1-year return 40.13% vs 47.97% Global Real Estate category average)
• Delaware Global Real Estate Securities I Fund (DLRIX) ratio of up-years vs down years can be improved
• Delaware Global Real Estate Securities I Fund (DLRIX) has an annual stock turnover rate of 143.00% that is higher than the Global Real Estate average of 69.72%. This could mean Delaware Global Real Estate Securities I is more nimble, but also signal potential high tax impact and high trading fees

See Delaware Global Real Estate Securities I Fund (DLRIX) performance details as of January 31, 2010

  

  

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Delaware Global Real Estate Securities I Fund (DLRIX) Net Asset

Track net asset change of Delaware Global Real Estate Securities I fund (DLRIX)

Date	Net Asset
01/2010	$1.57M
11/2009	$1.62M
10/2009	$1.57M

More historic net asset information on Delaware Global Real Estate Securities I Fund (DLRIX)

  

Delaware Global Real Estate Securities I Fund (DLRIX) Portfolio Allocation

Track portfolio allocation change of Delaware Global Real Estate Securities I fund (DLRIX)

Date	Cash	Stock	Bond	Other
09/2009	5.88%	93.05%	0.07%	1%
06/2009	7.12%	91.9%	0%	0.98%
03/2009	23.18%	75.03%	0%	1.79%

Click here to see more historic asset allocation information on Delaware Global Real Estate Securities I Fund (DLRIX)

  

Most Recent Top 10 Holdings in Delaware Global Real Estate Securities I Fund (DLRIX)

Discover what Delaware Global Real Estate Securities I Fund (DLRIX) manager is buying

30-Sep-09 WESTERN DIGITAL CP [6.06%] Sun Hung Kai Properties, Ltd. [5.42%] UNILEVER PLC AMER [4.37%] SIMON PPTY GRP INC [4.29%] Mitsubishi Estate [2.96%] Mitsui Fudosan Co., Ltd. [2.82%] VORNADO REALTY TRUST [2.22%] Henderson Land Development Co. Ltd. [2.14%] CapitaLand Limited [1.97%] Stockland [1.81%]

30-Jun-09 Sun Hung Kai Properties, Ltd. [6.38%] WESTERN DIGITAL CP [5.85%] UNILEVER PLC AMER [4.04%] SIMON PPTY GRP INC [3.83%] Mitsubishi Estate [3.82%] Mitsui Fudosan Co., Ltd. [3.54%] PUBLIC STG [2.35%] Henderson Land Development Co. Ltd. [2.27%] Japan Real Estate Investment [2.17%] China Resources Land Ltd. [1.96%]

31-Mar-09 Sun Hung Kai Properties, Ltd. [5.21%] WESTERN DIGITAL CP [5.21%] UNILEVER PLC AMER [5.17%] Mitsubishi Estate [3.39%] SIMON PPTY GRP INC [3.08%] PUBLIC STG [3.07%] Mitsui Fudosan Co., Ltd. [2.81%] DIGITAL REALTY TRUST [2.35%] Nippon Building Fund [2.21%] Corio [1.85%]

Click here for Stock Holding Change Map in Delaware Global Real Estate Securities I Fund (DLRIX)

  

Related books and products to Delaware Global Real Estate Securities I Fund (DLRIX)

  

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See more information on Delaware Global Real Estate Securities I Fund (DLRIX)

• Delaware Global Real Estate Securities I Fund Insights
• Delaware Global Real Estate Securities I Fund Performance Data
• Delaware Global Real Estate Securities I Fund News
• Delaware Global Real Estate Securities I Fund Score Explaination
• Delaware Global Real Estate Securities I Fund Manager Information
• Historic Delaware Global Real Estate Securities I Fund Asset Allocation Report
• Historic Delaware Global Real Estate Securities I Fund Top 10 Holding Tracking
• Historic Delaware Global Real Estate Securities I Fund Asset Under Management Tracking