As Delaware Floating Rate continues to build its record under a new mandate it retains a Morningstar Analyst Rating of Neutral on all but its most expensive share class, which is rated Negative.
Will DDFAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DDFAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the DDFAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of DDFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.