Document and Entity Information |
Total |
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Document and Entity Information: | |
Registrant Name | Voyageur Mutual Funds III |
Document Type | 485BPOS |
Document Period End Date | Oct. 31, 2017 |
Trading Symbol | vmf |
Amendment Flag | false |
Central Index Key | 0000763749 |
Document Effective Date | Feb. 28, 2018 |
Document Creation Date | Feb. 28, 2018 |
Delaware Select Growth Fund | Class A | |
Document and Entity Information: | |
Trading Symbol | DVEAX |
Delaware Select Growth Fund | Class C | |
Document and Entity Information: | |
Trading Symbol | DVECX |
Delaware Select Growth Fund | Class R | |
Document and Entity Information: | |
Trading Symbol | DFSRX |
Delaware Select Growth Fund | Institutional Class | |
Document and Entity Information: | |
Trading Symbol | VAGGX |
Delaware Select Growth Fund | ||||||||||||||||||||||||||||||||||||||||||||
Delaware Select Growth Fund | ||||||||||||||||||||||||||||||||||||||||||||
What is the Funds investment objective? | ||||||||||||||||||||||||||||||||||||||||||||
Delaware Select Growth Fund seeks long-term capital appreciation.
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What are the Funds fees and expenses? | ||||||||||||||||||||||||||||||||||||||||||||
The table below describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales-charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Delaware FundsSM by Macquarie. More information about these and other discounts is available from your financial intermediary, in the Funds Prospectus under the section entitled About your account, and in the Funds statement of additional information (SAI) under the section entitled Purchasing Shares.
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Shareholder fees (fees paid directly from your investment) | ||||||||||||||||||||||||||||||||||||||||||||
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Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) | ||||||||||||||||||||||||||||||||||||||||||||
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Example | ||||||||||||||||||||||||||||||||||||||||||||
This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. In addition, the example shows expenses for Class C shares, assuming those shares were not redeemed at the end of those periods. The example also assumes that your investment has a 5% return each year and reflects the Managers expense waivers and reimbursements for the 1-year contractual period and the total operating expenses without waivers for years 2 through 10. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
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Portfolio turnover | ||||||||||||||||||||||||||||||||||||||||||||
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 35% of the average value of its portfolio. | ||||||||||||||||||||||||||||||||||||||||||||
What are the Funds principal investment strategies? | ||||||||||||||||||||||||||||||||||||||||||||
The Fund invests primarily in common stocks of companies that its portfolio managers believe have long-term capital appreciation potential and are expected to grow faster than the US economy. The portfolio managers will consider companies of any size or market capitalization. Using a bottom-up approach, the portfolio managers seek to select securities that they believe have large end-market potential or dominance of a profitable niche market, dominant business models, and strong free cash flow generation that are attractively priced compared to the intrinsic value of the securities. The portfolio managers also consider a companys operational efficiencies, managements plans for capital allocation, and the companys shareholder orientation. Holdings are generally sold for the following reasons: a better idea is found (that is, the stock is crowded out of the portfolio); an unexpected, negative fundamental change, including change in investment strategy; the holdings valuation becomes stretched past fair value; or portfolio construction considerations. The Fund may invest in real estate investment trusts (REITs). | ||||||||||||||||||||||||||||||||||||||||||||
What are the principal risks of investing in the Fund? | ||||||||||||||||||||||||||||||||||||||||||||
Investing in any mutual fund involves the risk that you may lose part or all of the money you invest. Over time, the value of your investment in the Fund will increase and decrease according to changes in the value of the securities in the Funds portfolio. The Funds principal risks include:
Market risk The risk that all or a majority of the securities in a certain market such as the stock or bond market will decline in value because of factors such as adverse political or economic conditions, future expectations, investor confidence, or heavy institutional selling. Issuer concentration risk The portfolio generally holds a limited number of securities depending on our assessment of the investment opportunities available. This allows us to focus on the potential of those particular issuers, but it also means that the Fund may be more volatile than those funds that hold a greater number of securities. Company size risk The risk that investments in small- and/or medium-sized companies may be more volatile than those of larger companies because of limited financial resources or dependence on narrow product lines. Liquidity risk The possibility that securities cannot be readily sold within seven calendar days at approximately the price at which a fund has valued them. Currency risk The risk that the value of a portfolios investments may be negatively affected by changes in foreign currency exchange rates. Government and regulatory risk The risk that governments or regulatory authorities may take actions that could adversely affect various sectors of the securities markets and affect fund performance. Real estate industry risk This risk includes, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage funds; overbuilding; extended vacancies of properties; increases in competition, property taxes, and operating expenses; changes in zoning laws; costs resulting from the cleanup of, and liability to third parties resulting from, environmental problems; casualty for condemnation losses; uninsured damages from floods, earthquakes, or other natural disasters; limitations on and variations in rents; and changes in interest rates. Growth stock risk Growth stocks (such as those in the technology sector) reflect projections of future earnings and revenue. These prices may rise or fall dramatically depending on whether those projections are met. These companies stock prices may be more volatile, particularly over the short term. Active management and selection risk The risk that the securities selected by a fund's management will underperform the markets, the relevant indices, or the securities selected by other funds with similar investment objectives and investment strategies. The securities and sectors selected may vary from the securities and sectors included in the relevant index.
The Manager is an indirect wholly owned subsidiary of Macquarie Group Limited (MGL). Other than Macquarie Bank Limited (MBL), a subsidiary of MGL and an affiliate of the Manager, none of the entities noted are authorized deposit-taking institutions for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise. The Fund is governed by US laws and regulations.
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How has Delaware Select Growth Fund performed? | ||||||||||||||||||||||||||||||||||||||||||||
The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Funds performance from year to year and by showing how the Funds average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance. The Funds past performance (before and after taxes) is not necessarily an indication of how it will perform in the future. The returns reflect any expense caps in effect during these periods. The returns would be lower without the expense caps. You may obtain the Funds most recently available month-end performance by calling 800 523-1918 or by visiting our website at delawarefunds.com/performance.
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Calendar year-by-year total return (Class A) | ||||||||||||||||||||||||||||||||||||||||||||
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During the periods illustrated in this bar chart, Class As highest quarterly return was 23.21% for the quarter ended June 30, 2009, and its lowest quarterly return was -24.96% for the quarter ended Dec. 31, 2008. The maximum Class A sales charge of 5.75%, which is normally deducted when you purchase shares, is not reflected in the highest/lowest quarterly returns or in the bar chart. If this fee were included, the returns would be less than those shown. The average annual total returns in the table below do include the sales charge. | ||||||||||||||||||||||||||||||||||||||||||||
Average annual total returns for periods ended December 31, 2017 | ||||||||||||||||||||||||||||||||||||||||||||
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Russell Investment Group is the source and owner of the trademarks, service marks, and copyrights related to the Russell Indexes. Russell® is a trademark of the Russell Investment Group. | ||||||||||||||||||||||||||||||||||||||||||||
After-tax performance is presented only for Class A shares of the Fund. The after-tax returns for other Fund classes may vary. Actual after-tax returns depend on the investors individual tax situation and may differ from the returns shown. After-tax returns are not relevant for shares held in tax-deferred investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs). The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.
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Label | Element | Value | ||||
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Risk/Return: | rr_RiskReturnAbstract | |||||
Document Type | dei_DocumentType | 485BPOS | ||||
Document Period End Date | dei_DocumentPeriodEndDate | Oct. 31, 2017 | ||||
Registrant Name | dei_EntityRegistrantName | Voyageur Mutual Funds III | ||||
Central Index Key | dei_EntityCentralIndexKey | 0000763749 | ||||
Amendment Flag | dei_AmendmentFlag | false | ||||
Trading Symbol | dei_TradingSymbol | vmf | ||||
Document Creation Date | dei_DocumentCreationDate | Feb. 28, 2018 | ||||
Document Effective Date | dei_DocumentEffectiveDate | Feb. 28, 2018 | ||||
Prospectus Date | rr_ProspectusDate | Feb. 28, 2018 | ||||
Delaware Select Growth Fund | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Risk/Return | rr_RiskReturnHeading | Delaware Select Growth Fund | ||||
Objective | rr_ObjectiveHeading | What is the Funds investment objective? | ||||
Objective, Primary | rr_ObjectivePrimaryTextBlock | Delaware Select Growth Fund seeks long-term capital appreciation.
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Expense | rr_ExpenseHeading | What are the Funds fees and expenses? | ||||
Expense Narrative | rr_ExpenseNarrativeTextBlock | The table below describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales-charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Delaware FundsSM by Macquarie. More information about these and other discounts is available from your financial intermediary, in the Funds Prospectus under the section entitled About your account, and in the Funds statement of additional information (SAI) under the section entitled Purchasing Shares.
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Shareholder Fees Caption | rr_ShareholderFeesCaption | Shareholder fees (fees paid directly from your investment) | ||||
Operating Expenses Caption | rr_OperatingExpensesCaption | Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) | ||||
Portfolio Turnover Heading | rr_PortfolioTurnoverHeading | Portfolio turnover | ||||
Portfolio Turnover | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in the annual fund operating expenses or in the example, affect the Funds performance. During the most recent fiscal year, the Funds portfolio turnover rate was 35% of the average value of its portfolio. |
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Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 35.00% | ||||
Expense Breakpoint Discounts | rr_ExpenseBreakpointDiscounts | You may qualify for sales-charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Delaware FundsSM by Macquarie. | ||||
Expense Breakpoint, Minimum Investment Required | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | $ 50,000 | ||||
Expense Example | rr_ExpenseExampleHeading | Example | ||||
Expense Example Narrative | rr_ExpenseExampleNarrativeTextBlock | This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. In addition, the example shows expenses for Class C shares, assuming those shares were not redeemed at the end of those periods. The example also assumes that your investment has a 5% return each year and reflects the Managers expense waivers and reimbursements for the 1-year contractual period and the total operating expenses without waivers for years 2 through 10. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
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Strategy | rr_StrategyHeading | What are the Funds principal investment strategies? | ||||
Strategy Narrative | rr_StrategyNarrativeTextBlock | The Fund invests primarily in common stocks of companies that its portfolio managers believe have long-term capital appreciation potential and are expected to grow faster than the US economy. The portfolio managers will consider companies of any size or market capitalization. Using a bottom-up approach, the portfolio managers seek to select securities that they believe have large end-market potential or dominance of a profitable niche market, dominant business models, and strong free cash flow generation that are attractively priced compared to the intrinsic value of the securities. The portfolio managers also consider a companys operational efficiencies, managements plans for capital allocation, and the companys shareholder orientation. Holdings are generally sold for the following reasons: a better idea is found (that is, the stock is crowded out of the portfolio); an unexpected, negative fundamental change, including change in investment strategy; the holdings valuation becomes stretched past fair value; or portfolio construction considerations. The Fund may invest in real estate investment trusts (REITs). |
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Strategy Portfolio Concentration | rr_StrategyPortfolioConcentration | The Fund invests primarily in common stocks of companies that its portfolio managers believe have long-term capital appreciation potential and are expected to grow faster than the US economy. | ||||
Risk | rr_RiskHeading | What are the principal risks of investing in the Fund? | ||||
Risk Narrative | rr_RiskNarrativeTextBlock | Investing in any mutual fund involves the risk that you may lose part or all of the money you invest. Over time, the value of your investment in the Fund will increase and decrease according to changes in the value of the securities in the Funds portfolio. The Funds principal risks include:
Market risk The risk that all or a majority of the securities in a certain market such as the stock or bond market will decline in value because of factors such as adverse political or economic conditions, future expectations, investor confidence, or heavy institutional selling. Issuer concentration risk The portfolio generally holds a limited number of securities depending on our assessment of the investment opportunities available. This allows us to focus on the potential of those particular issuers, but it also means that the Fund may be more volatile than those funds that hold a greater number of securities. Company size risk The risk that investments in small- and/or medium-sized companies may be more volatile than those of larger companies because of limited financial resources or dependence on narrow product lines. Liquidity risk The possibility that securities cannot be readily sold within seven calendar days at approximately the price at which a fund has valued them. Currency risk The risk that the value of a portfolios investments may be negatively affected by changes in foreign currency exchange rates. Government and regulatory risk The risk that governments or regulatory authorities may take actions that could adversely affect various sectors of the securities markets and affect fund performance. Real estate industry risk This risk includes, among others: possible declines in the value of real estate; risks related to general and local economic conditions; possible lack of availability of mortgage funds; overbuilding; extended vacancies of properties; increases in competition, property taxes, and operating expenses; changes in zoning laws; costs resulting from the cleanup of, and liability to third parties resulting from, environmental problems; casualty for condemnation losses; uninsured damages from floods, earthquakes, or other natural disasters; limitations on and variations in rents; and changes in interest rates. Growth stock risk Growth stocks (such as those in the technology sector) reflect projections of future earnings and revenue. These prices may rise or fall dramatically depending on whether those projections are met. These companies stock prices may be more volatile, particularly over the short term. Active management and selection risk The risk that the securities selected by a fund's management will underperform the markets, the relevant indices, or the securities selected by other funds with similar investment objectives and investment strategies. The securities and sectors selected may vary from the securities and sectors included in the relevant index.
The Manager is an indirect wholly owned subsidiary of Macquarie Group Limited (MGL). Other than Macquarie Bank Limited (MBL), a subsidiary of MGL and an affiliate of the Manager, none of the entities noted are authorized deposit-taking institutions for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise. The Fund is governed by US laws and regulations.
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Risk Lose Money | rr_RiskLoseMoney | Investing in any mutual fund involves the risk that you may lose part or all of the money you invest. Over time, the value of your investment in the Fund will increase and decrease according to changes in the value of the securities in the Funds portfolio. | ||||
Bar Chart and Performance Table | rr_BarChartAndPerformanceTableHeading | How has Delaware Select Growth Fund performed? | ||||
Performance Narrative | rr_PerformanceNarrativeTextBlock | The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Funds performance from year to year and by showing how the Funds average annual total returns for the 1-, 5-, and 10-year periods compare with those of a broad measure of market performance. The Funds past performance (before and after taxes) is not necessarily an indication of how it will perform in the future. The returns reflect any expense caps in effect during these periods. The returns would be lower without the expense caps. You may obtain the Funds most recently available month-end performance by calling 800 523-1918 or by visiting our website at delawarefunds.com/performance.
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Performance Availability Phone | rr_PerformanceAvailabilityPhone | 800 523-1918 | ||||
Performance Availability Website Address | rr_PerformanceAvailabilityWebSiteAddress | delawarefunds.com/performance | ||||
Performance Past Does Not Indicate Future | rr_PerformancePastDoesNotIndicateFuture | The Funds past performance (before and after taxes) is not necessarily an indication of how it will perform in the future. | ||||
Bar Chart Heading | rr_BarChartHeading | Calendar year-by-year total return (Class A) | ||||
Bar Chart Closing | rr_BarChartClosingTextBlock | During the periods illustrated in this bar chart, Class As highest quarterly return was 23.21% for the quarter ended June 30, 2009, and its lowest quarterly return was -24.96% for the quarter ended Dec. 31, 2008. The maximum Class A sales charge of 5.75%, which is normally deducted when you purchase shares, is not reflected in the highest/lowest quarterly returns or in the bar chart. If this fee were included, the returns would be less than those shown. The average annual total returns in the table below do include the sales charge. |
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Performance Table Heading | rr_PerformanceTableHeading | Average annual total returns for periods ended December 31, 2017 | ||||
Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes. | ||||
Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | After-tax returns are not relevant for shares held in tax-deferred investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs). | ||||
Performance Table One Class of after Tax Shown | rr_PerformanceTableOneClassOfAfterTaxShown | After-tax performance is presented only for Class A shares of the Fund. | ||||
Performance Table Footnotes | rr_PerformanceTableFootnotesTextBlock | Russell Investment Group is the source and owner of the trademarks, service marks, and copyrights related to the Russell Indexes. Russell® is a trademark of the Russell Investment Group. | ||||
Performance Table Closing | rr_PerformanceTableClosingTextBlock | After-tax performance is presented only for Class A shares of the Fund. The after-tax returns for other Fund classes may vary. Actual after-tax returns depend on the investors individual tax situation and may differ from the returns shown. After-tax returns are not relevant for shares held in tax-deferred investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs). The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.
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Delaware Select Growth Fund | Russell 3000® Growth Index (reflects no deduction for fees, expenses, or taxes) | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Index No Deduction for Fees, Expenses, Taxes | rr_IndexNoDeductionForFeesExpensesTaxes | Reflects no deduction for fees, expenses, or taxes. | ||||
1 Year | rr_AverageAnnualReturnYear01 | 29.59% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 17.16% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 9.93% | ||||
Delaware Select Growth Fund | Class A | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | DVEAX | ||||
Maximum sales charge (load) imposed on purchases as a percentage of offering price | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 5.75% | ||||
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||
Management fees | rr_ManagementFeesOverAssets | 0.75% | ||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||
Other expenses | rr_OtherExpensesOverAssets | 0.28% | ||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.28% | ||||
Fee waivers and expense reimbursements | rr_FeeWaiverOrReimbursementOverAssets | (0.03%) | [1] | |||
Total annual fund operating expenses after fee waivers and expense reimbursements | rr_NetExpensesOverAssets | 1.25% | ||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 695 | ||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 955 | ||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,234 | ||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 2,029 | ||||
Annual Return 2008 | rr_AnnualReturn2008 | (44.30%) | ||||
Annual Return 2009 | rr_AnnualReturn2009 | 56.96% | ||||
Annual Return 2010 | rr_AnnualReturn2010 | 26.25% | ||||
Annual Return 2011 | rr_AnnualReturn2011 | 7.42% | ||||
Annual Return 2012 | rr_AnnualReturn2012 | 15.31% | ||||
Annual Return 2013 | rr_AnnualReturn2013 | 31.53% | ||||
Annual Return 2014 | rr_AnnualReturn2014 | 6.79% | ||||
Annual Return 2015 | rr_AnnualReturn2015 | (0.44%) | ||||
Annual Return 2016 | rr_AnnualReturn2016 | (1.88%) | ||||
Annual Return 2017 | rr_AnnualReturn2017 | 22.20% | ||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2009 | ||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 23.21% | ||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Dec. 31, 2008 | ||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (24.96%) | ||||
1 Year | rr_AverageAnnualReturnYear01 | 15.17% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 9.58% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 8.01% | ||||
Delaware Select Growth Fund | Class A | After Taxes on Distributions | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 13.58% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 6.77% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 6.61% | ||||
Delaware Select Growth Fund | Class A | After Taxes on Distributions and Sales | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
1 Year | rr_AverageAnnualReturnYear01 | 9.81% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 7.24% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 6.36% | ||||
Delaware Select Growth Fund | Class C | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | DVECX | ||||
Maximum sales charge (load) imposed on purchases as a percentage of offering price | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower | rr_MaximumDeferredSalesChargeOverOfferingPrice | 1.00% | [2] | |||
Management fees | rr_ManagementFeesOverAssets | 0.75% | ||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||
Other expenses | rr_OtherExpensesOverAssets | 0.28% | ||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 2.03% | ||||
Fee waivers and expense reimbursements | rr_FeeWaiverOrReimbursementOverAssets | (0.03%) | [1] | |||
Total annual fund operating expenses after fee waivers and expense reimbursements | rr_NetExpensesOverAssets | 2.00% | ||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 303 | ||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 634 | ||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,090 | ||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 2,356 | ||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 203 | ||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 634 | ||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,090 | ||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,356 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 20.28% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 10.06% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 7.84% | ||||
Delaware Select Growth Fund | Class R | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | DFSRX | ||||
Maximum sales charge (load) imposed on purchases as a percentage of offering price | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||
Management fees | rr_ManagementFeesOverAssets | 0.75% | ||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.50% | ||||
Other expenses | rr_OtherExpensesOverAssets | 0.28% | ||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.53% | ||||
Fee waivers and expense reimbursements | rr_FeeWaiverOrReimbursementOverAssets | (0.03%) | [1] | |||
Total annual fund operating expenses after fee waivers and expense reimbursements | rr_NetExpensesOverAssets | 1.50% | ||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 153 | ||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 480 | ||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 831 | ||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 1,821 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 21.92% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 10.61% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 8.38% | ||||
Delaware Select Growth Fund | Institutional Class | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Trading Symbol | dei_TradingSymbol | VAGGX | ||||
Maximum sales charge (load) imposed on purchases as a percentage of offering price | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||
Management fees | rr_ManagementFeesOverAssets | 0.75% | ||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other expenses | rr_OtherExpensesOverAssets | 0.28% | ||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.03% | ||||
Fee waivers and expense reimbursements | rr_FeeWaiverOrReimbursementOverAssets | (0.03%) | [1] | |||
Total annual fund operating expenses after fee waivers and expense reimbursements | rr_NetExpensesOverAssets | 1.00% | ||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 102 | ||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 325 | ||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 566 | ||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 1,257 | ||||
1 Year | rr_AverageAnnualReturnYear01 | 22.53% | ||||
5 Years | rr_AverageAnnualReturnYear05 | 11.16% | ||||
10 Years | rr_AverageAnnualReturnYear10 | 8.92% | ||||
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000010 - Document - Document and Entity Information
010000 - Document - Risk/Return Summary {Unlabeled}
040000 - Disclosure - Risk/Return Detail Data {Elements}