Delaware Wealth Builder’s capable team follows a relative valuation approach. The team and process offer potential, but both are still new to this fund. It maintains its Morningstar Analyst Rating of Neutral across all share classes.
Delaware Wealth Builder Institutional DDIIX
NAV / 1-Day Return
15.65
/
0.38
%
Total Assets
419.0 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.830%
Expense Ratio
0.830%
Fee Level
Above Average
Longest Manager Tenure
1.15
years
Category
Allocation--50% to 70% Equity
Investment Style
Large ValueCredit Quality / Interest Rate Sensitivity
Low / LimitedStatus
Open
TTM Yield
1.95%
Turnover
68%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will DDIIX 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 DDIIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the DDIIX 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 DDIIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A relatively new team and process set this portfolio on the right path.
