Delaware Hedged U.S. Equity Opportunities Fund Institutional Class NMFQS:FHEKX

Long-Short Equity | Delaware Funds by Macquarie

$4.28

↓ $-5.09 (-54.32%)

Last Updated: Jul 09, 2026

Fund Information

Fund Category Long-Short Equity

Fund Family Delaware Funds by Macquarie

Fund Style Large Growth

ISIN US24611D8395

CUSIP 24611D839

Inception Date 2016-08-01

Domicile United States

Country USA

Fiscal Year End September

NAV Chart

Fund Metrics

Net Assets $59.70 Million

Share Class Net Assets $28.82 Million

Expense Ratio 1.30%

Expense Ratio Date 2023-01-30

Dividend Yield 0.00%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 5.32%

1-Year Return 16.25%

3-Year Return 3.06%

5-Year Return 7.97%

NAV $4.28

Previous Close Price $9.37

Last Update 2024-03-31

Dividend Information

Dividend Yield 0.00%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Delaware Hedged U.S. Equity Opportunities Fund Institutional Class

The fund seeks to achieve its investment objective by investing in a broadly diversified portfolio of common stocks of any market capitalization while also investing in derivatives to help manage investment risk. It will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of U.S. issuers and investments that provide exposure to such securities, including exchange-traded funds.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 127728.10%

Giant 31.62%

Large 32.21%

Medium 24.81%

Micro 0.52%

Small 5.95%

Value & Growth Metrics

Book-Value Growth % 5.76%

Cash-Flow Growth % 5.73%

Dividend Yield % 1.41%

Historical Earnings % 9.46%

Long-Term Earnings % 11.78%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	6.19%	0.00%
Cash	4.91%	7.60%	2.69%	45.72%	0.00%
Non US Stock	7.12%	7.12%	0.00%	12.93%	37.57%
Not Classified	0.00%	0.00%	0.00%	0.19%	0.00%
Other	0.00%	0.00%	0.00%	9.43%	0.05%
US Stock	87.97%	88.01%	0.04%	80.22%	62.38%

Top Holdings

Name	Weight	Owned	Change
Microsoft Corp	3.75%	-	-
Alphabet Inc	2.26%	-	-
Apple Inc	2.24%	-	-
Amazon.com Inc	2.23%	-	-
NVIDIA Corp	1.86%	-	-
UnitedHealth Group Inc	1.65%	-	-
Chubb Ltd	1.49%	-	-
Meta Platforms Inc	1.42%	-	-
American Tower Corp	1.39%	-	-
Visa Inc	1.09%	-	-

See the full breakdown of FHEKX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	1.41%	78.61%	98.99%	0.00%
Bond Sector	Corporate	1.41%	2.04%	0.00%	0.00%
Bond Sector	Derivative	1.41%	0.56%	1.01%	0.00%
Bond Sector	Government	1.41%	15.77%	0.00%	0.00%
Bond Sector	Municipal	1.41%	0.00%	0.00%	0.00%
Bond Sector	Securitized	1.41%	3.02%	0.00%	0.00%
Cyclical	Basic Materials	3.99%	2.91%	0.00%	4.08%
Cyclical	Consumer Cyclical	10.33%	12.69%	0.00%	10.54%
Cyclical	Financial Services	14.63%	13.64%	0.00%	16.02%
Cyclical	Real Estate	3.27%	1.37%	0.00%	2.12%
Defensive	Consumer Defensive	6.89%	5.70%	0.00%	6.55%
Defensive	Healthcare	11.72%	11.66%	0.00%	11.13%
Defensive	Utilities	1.41%	3.20%	0.00%	2.57%
Sensitive	Communication Services	7.98%	9.11%	0.00%	7.82%
Sensitive	Energy	3.59%	5.10%	0.00%	4.86%
Sensitive	Industrials	11.53%	13.21%	0.00%	10.40%
Sensitive	Technology	24.66%	21.40%	0.00%	23.90%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.29%	0.39%	0.96%
Americas	North America	88.27%	93.91%	65.03%
Greater Asia	Asia Developed	1.28%	0.92%	3.96%
Greater Asia	Asia Emerging	0.92%	0.25%	5.64%
Greater Asia	Australasia	0.42%	-	1.72%
Greater Asia	Japan	1.72%	-	5.89%
Greater Europe	Africa/Middle East	0.41%	-	1.27%
Greater Europe	Europe Developed	4.31%	3.13%	11.84%
Greater Europe	Europe Emerging	0.13%	-	0.22%
Greater Europe	United Kingdom	2.25%	1.40%	3.47%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
No dividend history available

View the full dividend history for FHEKX.