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 C DDFCX
- NAV / 1-Day Return 8.02 / +0.02 %
- Total Assets 588.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.710%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 7.94%
- Effective Duration 0.35 years
USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 11:53 PM GMT+0
Morningstar’s Analysis DDFCX
Will DDFCX 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 16.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BlackRock Liquidity FedFund Instl | 2.13 | 12.8 Mil | Cash and Equivalents |
Fidelity Inv MM Government I | 2.13 | 12.8 Mil | Cash and Equivalents |
Goldman Sachs FS Government Instl | 2.13 | 12.8 Mil | Cash and Equivalents |
Morgan Stanley Instl Lqudty Govt Instl | 2.13 | 12.8 Mil | Cash and Equivalents |
Applied Systems Inc | 1.95 | 11.8 Mil | Corporate |
Wand Newco 3 Inc | 1.83 | 11.0 Mil | Corporate |
Consolidated Communications | 1.74 | 10.5 Mil | Corporate |
Amynta Agency Borrower | 1.67 | 10.1 Mil | Corporate |
Aadvantage Loyalty Ip | 1.62 | 9.7 Mil | Corporate |
Touchdown Acquirer Inc | 1.59 | 9.6 Mil | Corporate |