Skip to contentHome page Seeking Alpha - Power to InvestorsNov. 02, 2025 2:39 PM ETMacquarie Corporate Bond Fund Class A (DGCAX), DGCCX, DGCIX, DGCRX, DGCZXDGCAX, DGCCX, DGCIX, DGCRX, DGCZXMacquarie Asset Management12 FollowersSummaryFor 3Q, Macquarie Corporate Bond Fund Institutional Class shares slightly underperformed the Fund’s benchmark, the Bloomberg US Corporate Bond Index.Security selection generated positive performance, driven by an overweight to long-end spread duration within electric utilities as spreads compressed and longer-dated issues outperformed.Exposure to some shorter-duration (to call date) hybrid issues detracted from performance, with shorter-dated bonds lagging over the quarter.Andranik Hakobyan/iStock via Getty ImagesMarket reviewBloomberg US Corporate Bond Index credit spreads tightened 9 basis points (BPs) in 3Q25, outperforming duration-matched Treasurys by 98 bps and generating a +2.60% total return (one basis point is a hundredth of a percentage point). Higher-beta sectors suchThis article was written byMacquarie Asset Management12 FollowersMacquarie Asset Management (MAM) is the asset management division of Macquarie Group. MAM is an integrated asset manager across public and private markets offering a diverse range of capabilities, including real assets, real estate, credit, equities and multi-asset solutions. Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide. Delaware Funds by Macquarie refers to certain investment solutions that MAM distributes, offers, or advises. Investment advisory services are provided to the Delaware Funds by Delaware Management Company, a series of Macquarie Investment Management Business Trust (MIMBT), a Securities and Exchange Commission (SEC) registered investment adviser. The Delaware Funds are distributed by Delaware Distributors, L.P., a registered broker/dealer and member of the Financial Industry Regulatory Authority (FINRA) and an affiliate of MIMBT. Note: This account is not managed or monitored by Macquarie Asset Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use the Macquarie Asset Management's official channels.CommentsRecommended For YouSeeking Alpha - Power to InvestorsPower to InvestorsFollow usDownload appContact usSubscription Support: subscriptions@seekingalpha.com© 2025 Seeking AlphaTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.