Expense Ratio History

IECAX expense ratio history

Delaware Ivy Emerging Markets Local Currency Debt Fund, Class A

Fund company
IVY
Type
Mutual fund

2.53%

In basis points
253 basis points
Yearly cost per $10,000
$253
Prospectus dated
30 January 2023, filed with the SEC; rounded to 0.01%
Last change
Raised from 1.63% on 30 January 2023

Fee over time

IECAX expense ratio: 1.84% until 30 Jan 2015, then 1.80%; 1.80% until 29 Jan 2016, then 2.00%; 2.00% until 31 Jan 2017, then 1.88%; 1.88% until 31 Jan 2018, then 1.57%; 1.57% until 31 Jan 2019, then 1.45%; 1.45% until 31 Jan 2020, then 1.44%; 1.44% until 31 Jan 2021, then 1.51%; 1.51% until 30 Sep 2021, then 1.63%; 1.63% until 30 Jan 2023, then 2.53%; read at 2.53% on 30 Jan 2023.0.00%1.00%2.00%3.00%4.00%Apr 2014Oct 2015Apr 2017Oct 2018Apr 2020Oct 20211.84% before2.53% from 30 Jan 2023
IECAX expense ratio: 1.84% until 30 Jan 2015, then 1.80%; 1.80% until 29 Jan 2016, then 2.00%; 2.00% until 31 Jan 2017, then 1.88%; 1.88% until 31 Jan 2018, then 1.57%; 1.57% until 31 Jan 2019, then 1.45%; 1.45% until 31 Jan 2020, then 1.44%; 1.44% until 31 Jan 2021, then 1.51%; 1.51% until 30 Sep 2021, then 1.63%; 1.63% until 30 Jan 2023, then 2.53%; read at 2.53% on 30 Jan 2023.0.00%1.00%2.00%3.00%4.00%Apr 2014Apr 2017Apr 20201.84% before2.53% from 30 Jan 2023
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 7 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
IECAX (this page) Class A 2.53% 1.05% 30 Jan 2023
IECCX Class C 3.13% 1.80% 30 Jan 2023
— — 1.28% 1.05% 31 Jan 2020
IECIX Class I 1.73% 0.80% 30 Jan 2023
— — 1.78% 1.50% 31 Jan 2020
IECYX Class Y 2.01% 1.05% 30 Jan 2023
IMMCX Class R6 1.54% 0.80% 30 Jan 2023

Every figure we've recorded

DateFeeWhat happened
30 Jan 2023 2.53% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-01-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Jan 2023 2.53% Raised from 1.63% to 2.53%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-01-27
30 Sep 2021 1.63% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-09-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Sep 2021 1.63% Raised from 1.51% to 1.63%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-01-28
31 Jan 2021 1.51% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2021 1.51% Raised from 1.44% to 1.51%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2021-02-04
31 Jan 2020 1.44% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2020 1.44% Cut from 1.45% to 1.44%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-02-21
31 Jan 2019 1.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2019 1.45% Cut from 1.57% to 1.45%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-02-20
31 Jan 2018 1.57% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2018 1.57% Cut from 1.88% to 1.57%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-02-16
31 Jan 2017 1.88% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2017 1.88% Cut from 2.00% to 1.88%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2017-06-02
29 Jan 2016 2.00% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-01-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Jan 2016 2.00% Raised from 1.80% to 2.00%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-02-17
30 Jan 2015 1.80% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-01-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Jan 2015 1.80% Cut from 1.84% to 1.80%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-02-20
30 Apr 2014 1.84% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 2.53% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$2,893 in fees over 10 years

After fees, $10,000 grows to $12,685.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$259
3 years$797
5 years$1,361
10 years$2,893

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 10 prospectuses for this share class since 2014. Each one is listed above with a link to the filing.

How we read fees

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