Macquarie Science and Technology Fund Class I (ISTIX)
| Fund Assets | 5.67B |
| Expense Ratio | 1.00% |
| Min. Investment | $0.00 |
| Turnover | 29.00% |
| Dividend (ttm) | 9.24 |
| Dividend Yield | 11.22% |
| Dividend Growth | 73.37% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 3, 2024 |
| Previous Close | 82.01 |
| YTD Return | 16.66% |
| 1-Year Return | 18.41% |
| 5-Year Return | 98.19% |
| 52-Week Low | 55.97 |
| 52-Week High | 82.40 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | Apr 2, 2007 |
About ISTIX
Macquarie Science and Technology Fund Class I is an actively managed mutual fund that focuses on long-term capital growth by investing primarily in equity securities of U.S. and global companies within the science and technology sectors. The fund targets large-cap growth opportunities, allocating a significant portion of its portfolio to industry leaders in areas such as semiconductors, software, communication services, and consumer technology. Notable holdings frequently include major innovators like NVIDIA, Microsoft, Meta Platforms, and Amazon.com, reflecting its emphasis on established and emerging technology firms. The fund’s strategy leverages extensive sector expertise, seeking to benefit from advancements and trends shaping the technology landscape. With over $5 billion in assets under management and an institutional share class structure, the fund plays a prominent role in providing investors exposure to technology-driven growth within diversified portfolios. Its approach is characterized by a relatively concentrated portfolio, with a significant percentage of assets held in its top ten positions, indicative of a high-conviction investment style. The fund is designed for investors aiming to participate in the long-term growth potential of the global science and technology industries.
Performance
ISTIX had a total return of 18.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.81%.
Top 10 Holdings
48.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Meta Platforms, Inc. | META | 7.64% |
| Seagate Technology Holdings plc | STX | 6.25% |
| Microsoft Corporation | MSFT | 5.37% |
| Broadcom Inc. | AVGO | 5.18% |
| Amazon.com, Inc. | AMZN | 4.88% |
| NVIDIA Corporation | NVDA | 4.80% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 4.42% |
| SAP SE | SAP | 4.07% |
| Uber Technologies, Inc. | UBER | 2.75% |
| MercadoLibre, Inc. | MELI | 2.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 3, 2024 | $9.24249 | Dec 4, 2024 |
| Dec 4, 2023 | $5.33104 | Dec 5, 2023 |
| Dec 2, 2022 | $12.373 | Dec 5, 2022 |
| Dec 16, 2021 | $30.8671 | Dec 16, 2021 |
| Dec 10, 2020 | $7.9374 | Dec 10, 2020 |
| Dec 12, 2019 | $8.3045 | Dec 12, 2019 |