Macquarie High Income Fund Class I (IVHIX)
| Fund Assets | 2.30B |
| Expense Ratio | 0.72% |
| Min. Investment | $0.00 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 6.82% |
| Dividend Growth | -6.81% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 5.97 |
| YTD Return | 0.44% |
| 1-Year Return | 3.00% |
| 5-Year Return | 28.17% |
| 52-Week Low | 5.64 |
| 52-Week High | 6.22 |
| Beta (5Y) | n/a |
| Holdings | 287 |
| Inception Date | Apr 2, 2007 |
About IVHIX
Macquarie High Income Fund Class I is an institutional-class mutual fund specializing in high-yield fixed-income securities. The fund's primary purpose is to generate long-term growth and income by actively investing in a portfolio of predominantly lower-rated, higher-yield bonds issued by U.S. companies. At least 65% or more of its bond assets consist of securities that are either unrated or rated below investment grade, positioning it within the high yield bond category. These portfolios typically offer higher income potential, but with increased credit and market risk compared to higher-quality bonds. The fund is managed through a disciplined, research-driven approach, seeking to capitalize on valuation opportunities as market fundamentals diverge. Its assets are broadly diversified across sectors such as corporate credit, with notable holdings in industries like energy, communications, retail, and finance. Macquarie High Income Fund Class I is recognized for its relatively low expense ratio compared to peers, and it aims to provide attractive yields — with a trailing twelve-month yield recently reported at over 7%. This fund plays a core role for investors seeking enhanced income generation within the high-yield segment of the fixed-income market.
Performance
IVHIX had a total return of 3.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.95%.
Top 10 Holdings
10.94% of assets| Name | Symbol | Weight |
|---|---|---|
| Consolidated Communications, Inc. 6.5% | CNSL.6.5 10.01.28 144A | 1.45% |
| Vistra Corp 7% | VST.V7 PERP 144A | 1.44% |
| TransDigm, Inc. 6.875% | TDG.6.875 12.15.30 144A | 1.10% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 6.375% | CHTR.6.375 09.01.29 144A | 1.08% |
| Petsmart Inc / Petsmart Financial Corporation 7.75% | PETM.7.75 02.15.29 144A | 1.02% |
| Weatherford International Ltd Bermuda 8.625% | WFRD.8.625 04.30.30 144A | 0.99% |
| Hilcorp Energy I L.P/Hilcorp Finance Co 6% | HILCRP.6 04.15.30 144A | 0.99% |
| Bath & Body Works Inc 6.875% | BBWI.6.875 11.01.35 | 0.99% |
| Jones Deslauriers Insurance Management Inc. 8.5% | NAVCOR.8.5 03.15.30 144A | 0.95% |
| New Cotai Equity | n/a | 0.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.031 | Jul 1, 2025 |
| May 30, 2025 | $0.034 | Jun 2, 2025 |
| Apr 30, 2025 | $0.033 | May 1, 2025 |
| Mar 31, 2025 | $0.034 | Apr 1, 2025 |
| Feb 28, 2025 | $0.031 | Mar 3, 2025 |
| Jan 31, 2025 | $0.03566 | Jan 31, 2025 |