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Morningstar

Delaware Tax-Free NY C DVFNX

Morningstar Medalist Rating
Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 10.53  /  +0.10 %
  • Total Assets 237.6 Mil
  • Adj. Expense Ratio
    1.550%
  • Expense Ratio 1.550%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.77%
  • Effective Duration 8.30 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 11:53 PM GMT+0

Morningstar’s Analysis DVFNX

Will DVFNX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DVFNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DVFNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DVFNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Delaware Tax-Free NY C's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings DVFNX

More DVFNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%

2.98 6.8 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

2.42 5.5 Mil
municipal

GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5%

2.17 5.0 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

1.98 4.5 Mil
municipal

ERIE CNTY N Y TOB ASSET SECURITIZATION CORP TOB SETTLEMENT REV 0%

1.88 4.3 Mil
municipal

CHILDRENS TR FD P R TOB SETTLEMENT REV 0%

1.76 4.0 Mil
municipal

NEW YORK LIBERTY DEV CORP LIBERTY REV 5%

1.75 4.0 Mil
municipal

SARATOGA CNTY N Y CAP RESOURCE CORP REV 5%

1.65 3.8 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

1.61 3.7 Mil
municipal

PUERTO RICO COMWLTH 0%

1.60 3.7 Mil
municipal