The Delaware Ivy ProShares S&P 500 Dividend Aristocrats Index Fund Class R (IDARX) is a mutual fund that seeks to provide investors with exposure to the S&P 500 Dividend Aristocrats Index. This index includes companies that have a history of consistently increasing their dividends for at least 25 consecutive years. The fund aims to provide long-term capital appreciation and a steady stream of dividend income. It is managed by Delaware Investments and is classified as a Class R fund, which typically has lower fees and is available to institutional investors.
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