Macquarie Core Equity Fund Class I (ICIEX)
| Fund Assets | 3.76B |
| Expense Ratio | 0.75% |
| Min. Investment | $0.00 |
| Turnover | 35.00% |
| Dividend (ttm) | 2.17 |
| Dividend Yield | 9.36% |
| Dividend Growth | 13.49% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 22.94 |
| YTD Return | 7.88% |
| 1-Year Return | 16.59% |
| 5-Year Return | 121.96% |
| 52-Week Low | 18.77 |
| 52-Week High | 24.77 |
| Beta (5Y) | n/a |
| Holdings | 54 |
| Inception Date | Apr 2, 2007 |
About ICIEX
Macquarie Core Equity Fund Institutional Class is an actively managed mutual fund that seeks long-term capital growth by investing primarily in equities of large-cap companies. The fund follows a core strategy, blending both growth and value characteristics, and is benchmarked against the S&P 500 Index. Its investment approach emphasizes high-quality businesses with sustainable competitive advantages and strong financial fundamentals, aiming to maintain risk levels comparable to or lower than the broader market. The fund typically maintains a concentrated portfolio, holding about 40–50 companies, which allows for significant exposure to its highest conviction positions while striving for diversification across multiple sectors. Its largest allocations are often to leading firms within the technology, healthcare, communication services, consumer cyclical, and financial services sectors. Notable holdings have included Microsoft, Alphabet, NVIDIA, Amazon, and Apple. Managed by Macquarie Asset Management, the fund appeals primarily to institutional investors seeking exposure to large-cap US equities through a disciplined investment process focused on quality and consistency. The fund also incorporates a rigorous risk management framework and is designed to adapt to varying market environments while pursuing its growth mandate.
Performance
ICIEX had a total return of 16.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.33%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FALCX | Fidelity | Fidelity Rutland Square Trust II - Strategic Advisers Large Cap Fund | 0.24% |
| FLCEX | Fidelity | Fidelity Large Cap Core Enhanced Index Fund | 0.39% |
| VQNPX | Vanguard | Vanguard Growth and Income Fund Investor Shares | 0.36% |
| FMGKX | Fidelity | Fidelity Magellan Fund - Class K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan Fund | 0.47% |
Top 10 Holdings
36.29% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 6.29% |
| Amazon.com, Inc. | AMZN | 4.31% |
| Alphabet Inc. | GOOGL | 4.01% |
| NVIDIA Corporation | NVDA | 3.89% |
| Apple Inc. | AAPL | 3.57% |
| Howmet Aerospace Inc. | HWM | 3.06% |
| Costco Wholesale Corporation | COST | 3.00% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 2.83% |
| CME Group Inc. | CME | 2.66% |
| Fiserv, Inc. | FI | 2.66% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $2.16645 | Dec 16, 2024 |
| Dec 15, 2023 | $1.90893 | Dec 18, 2023 |
| Dec 15, 2022 | $2.093 | Dec 16, 2022 |
| Dec 16, 2021 | $2.5446 | Dec 16, 2021 |
| Dec 10, 2020 | $0.4555 | Dec 10, 2020 |
| Dec 12, 2019 | $1.5344 | Dec 12, 2019 |