Skip to Content
Morningstar

Delaware Floating Rate Instl DDFLX

Morningstar Medalist Rating
Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 8.02  /  −0.10 %
  • Total Assets 586.4 Mil
  • Adj. Expense Ratio
    0.710%
  • 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 8.93%
  • Effective Duration 0.35 years

USD | NAV as of Apr 15, 2024 | 1-Day Return as of Apr 15, 2024, 11:44 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.

  • Process Pillar

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

  • People Pillar

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

Recognizing the merits of the strategy’s process through an upgrade.

Strategist Maciej Kowara

Maciej Kowara

Strategist

Summary

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.

by Maciej Kowara
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings DDFLX

More DDFLX Holdings
  • 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