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Delaware Ivy High Income Opportunities Fund
Ticker Symbol: IVH* CUSIP: 246107106 Previous CUSIP: 465893105 Exchange: NYSE
* NOTE: This security is no longer trading as of 3/10/23
Company's Online Profile
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FUND DESCRIPTION: Delaware Ivy High Income Opportunities Fund formerly Ivy High Income Opportunities Fund is an exchange-traded closed-end Fund or a closed-end ETF which is officially described as a non-diversified, closed-end investment management company. INVESTMENT OBJECTIVE: The Delaware Ivy High Income Opportunities Fund seeks to provide total return through a combination of a high level of current income and capital appreciation. FUND STRATEGY: The Fund will seek to achieve its investment objective by investing primarily in a portfolio of high yield corporate bonds of varying maturities and other fixed income instruments of predominantly corporate issuers, including first- and second-lien secured loans. Under normal circumstances, the Fund will invest at least 80% of its Managed Assets in a portfolio of U.S. and foreign bonds, loans and other fixed income instruments, as well as other investments (including derivatives) with similar economic characteristics. The Fund will invest primarily in instruments that are, at the time of purchase, rated below investment grade. The Fund may invest an unlimited amount of its assets in foreign securities that are denominated in U.S. dollars or foreign currencies. The Fund may not invest more than 20% of its Managed Assets in fixed income instruments of distressed issuers. Fixed income instruments that are rated below investment grade (commonly referred to as high yield or junk instruments) are regarded as having predominantly speculative characteristics with respect to the issuer’s capacity to pay interest and repay principal. The Fund anticipates using leverage as part of its investment strategy. Depending on market conditions, the Fund currently intends to incur leverage of up to 33 1/3% of its Managed Assets primarily through borrowings in one or more credit facilities (including prime brokerage facilities). FUND MANAGEMENT: Ivy Investment Management Company serves as the Fund’s investment adviser.
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Notes: February 23, 2023 -- Delaware Ivy High Income Opportunities Fund (the “Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “IVH”, announced that the Fund will make a final distribution of $0.149 per share in connection with the reorganization of the Fund into abrdn Income Credit Strategies Fund (the “Acquiring Fund”), a New York Stock Exchange-listed closed-end fund trading under the symbol “ACP” (the “Reorganization”). The final distribution will be payable March 3, 2023 to common shareholders of record on February 24, 2023 and will be paid out in cash (no dividends will be reinvested). The final Fund distribution will consist of substantially all of the Fund’s undistributed tax-exempt interest income, ordinary income and capital gain net income, if any, earned and anticipated to be earned through the close of business on March 10, 2023. In early 2024, common shareholders of the Fund will receive a Form 1099-DIV for the calendar year 2023 that will tell shareholders how to report these distributions for federal income tax purposes.
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IPO - 5/29/2013 - 15.85 Million Shares @ $20.00/share.
Link to IPO Prospectus
Previous Name: Ivy High Income Opportunities Fund Changed: 7/08/21
Small Cap Stock -
Market Value $ 203 Million
Yahoo News Summary for IVH*
YAHOO! Profile for IVH*
Yahoo Detailed Quote
MarketWatch Quote
MSN Company Report for IVH*
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 6300 Lamar Avenue, Shawnee Mission, KS, 66202 |
| Main Phone Number |
913-236-2000 |
| Fax Number |
800-532-2749 |
| Investor Relations
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800-777-6472
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| Toll Free Phone Number |
800-777-6472 |
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