Macquarie Balanced Fund Class A (IBNAX)
| Fund Assets | 1.59B |
| Expense Ratio | 1.05% |
| Min. Investment | $750 |
| Turnover | 76.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 0.96% |
| Dividend Growth | -45.98% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 25.14 |
| YTD Return | 6.76% |
| 1-Year Return | 8.71% |
| 5-Year Return | 47.12% |
| 52-Week Low | 21.74 |
| 52-Week High | 25.42 |
| Beta (5Y) | n/a |
| Holdings | 502 |
| Inception Date | Nov 16, 1987 |
About IBNAX
Macquarie Balanced Fund Class A is a mutual fund designed to provide total return by combining capital appreciation and current income. The fund pursues this objective through a diversified portfolio that typically includes both equity and fixed income securities, as well as short-term instruments, reflecting a moderate allocation strategy. Its equity holdings are concentrated in large and medium-sized companies, with significant allocations to leading technology, healthcare, and consumer companies, as well as selective exposure to sectors such as financial services, energy, and consumer staples. The fund maintains a dynamic asset mix, adjusting the balance between stocks and bonds based on market conditions, aiming to deliver risk-adjusted returns while managing volatility. With a history dating back to 1987, Macquarie Balanced Fund Class A plays a role in the market as a core balanced offering, appealing to investors seeking a blend of growth and income through broad asset class diversification.
Performance
IBNAX had a total return of 8.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.62%.
Top 10 Holdings
26.32% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 4.26% |
| iShares U.S. Treasury Bond ETF | GOVT | 4.02% |
| NVIDIA Corporation | NVDA | 3.27% |
| Amazon.com, Inc. | AMZN | 2.68% |
| Vanguard Russell 1000 Value ETF | VONV | 2.56% |
| Howmet Aerospace Inc. | HWM | 2.15% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.02% |
| United States Treasury Notes 4.5% | T.4.5 12.31.31 | 1.83% |
| Apple Inc. | AAPL | 1.81% |
| Meta Platforms, Inc. | META | 1.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.09845 | Jun 23, 2025 |
| Mar 21, 2025 | $0.08304 | Mar 24, 2025 |
| Sep 20, 2024 | $0.07274 | Sep 23, 2024 |
| Jun 21, 2024 | $0.07869 | Jun 24, 2024 |
| Mar 22, 2024 | $0.28765 | Mar 25, 2024 |
| Dec 15, 2023 | $0.04835 | Dec 18, 2023 |