We have upgraded Delaware Floating Rate’s Process Rating to Above Average, but it has limited excess-return potential in the bank-loan Morningstar Category.
Delaware Floating Rate Instl DDFLX
- NAV / 1-Day Return 8.04 / +0.20 %
- Total Assets 608.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.710%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment —
- Status Open
- TTM Yield 8.94%
- Effective Duration 0.32 years
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 11:45 PM GMT+0
Morningstar’s Analysis DDFLX
Will DDFLX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 16.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Applied Systems Inc | 2.09 | 11.9 Mil | Corporate |
BlackRock Liquidity FedFund Instl | 1.96 | 11.2 Mil | Cash and Equivalents |
Fidelity Inv MM Government I | 1.96 | 11.2 Mil | Cash and Equivalents |
Goldman Sachs FS Government Instl | 1.96 | 11.2 Mil | Cash and Equivalents |
Morgan Stanley Instl Lqudty Govt Instl | 1.96 | 11.2 Mil | Cash and Equivalents |
Consolidated Communications | 1.86 | 10.6 Mil | Corporate |
Amynta Agency Borrower | 1.77 | 10.1 Mil | Corporate |
Staples Inc | 1.76 | 10.1 Mil | Corporate |
Aadvantage Loyalty Ip | 1.72 | 9.8 Mil | Corporate |
Boxer Parent Co Inc | 1.55 | 8.8 Mil | Corporate |