Advertisement
Skip to Content
Morningstar

Delaware Investments Ultrashort A DLTAX

Morningstar Analyst Rating
Quantitative rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 9.91  /  0.01 %
  • Total Assets 153.7 Mil
  • Adj. Expense Ratio
    —
  • Expense Ratio 0.400%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.76%
  • Effective Duration 0.35 years

USD | NAV as of Jan 30, 2023 | 1-Day Return as of Jan 30, 2023, 11:40 PM GMT+00:00

Morningstar’s Analysis DLTAX

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

People Pillar

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

Summary

|

Weakness in Delaware Investments Ultrashort A's Process and People Pillar ratings limits this strategy to a Morningstar Quantitative Rating of Negative. The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

Unlock our full analysis with Morningstar Investor