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Morningstar

Delaware Floating Rate R DDFFX

Morningstar Medalist Rating
Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 7.78  /  0.10 %
  • Total Assets 545.6 Mil
  • Adj. Expense Ratio
    1.170%
  • Expense Ratio 1.180%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Medium
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 6.11%
  • Effective Duration 0.31 years

USD | NAV as of May 26, 2023 | 1-Day Return as of May 26, 2023, 10:38 PM GMT+0

Morningstar’s Analysis DDFFX

Will DDFFX 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 DDFFX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the DDFFX 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 DDFFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Watching it grow to see what the larger size brings.

Strategist Maciej Kowara

Maciej Kowara

Strategist

Summary

Delaware Floating Rate’s performance continues to impress, but the bulk of it was realized when the fund was much smaller. Until we can be sure that its asset growth won’t unduly affect its nimbleness, the strategy retains a Morningstar Analyst Rating of Neutral on all but its most expensive share class, which is rated Negative.

by Maciej Kowara
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings DDFFX

More DDFFX Holdings
  • Current Portfolio Date Mar 31, 2023
  • Equity Holdings 1
  • Bond Holdings 161
  • Other Holdings 10
  • % Assets in Top 10 Holdings 20.3
Top 10 Holdings
% Portfolio Weight
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