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Morningstar

Delaware Tax-Free Oregon A FTORX

Morningstar Medalist Rating
Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 12.40  /  +0.03 %
  • Total Assets 43.1 Mil
  • Adj. Expense Ratio
    0.880%
  • Expense Ratio 0.880%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Muni Single State Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.30%
  • Effective Duration 9.20 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:24 PM GMT+0

Morningstar’s Analysis FTORX

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

  • People Pillar

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

Weakness in Delaware Tax-Free Oregon A's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FTORX

More FTORX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 26.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%

4.77 2.3 Mil
municipal

PORT PORTLAND ORE ARPT REV 5.5%

3.32 1.6 Mil
municipal

MULTNOMAH CNTY ORE SCH DIST NO 040 0%

2.64 1.3 Mil
municipal

GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5%

2.31 1.1 Mil
municipal

OREGON ST 5.25%

2.28 1.1 Mil
municipal

PORTLAND ORE SWR SYS REV 5%

2.27 1.1 Mil
municipal

OREGON ST DEPT TRANSN HWY USER TAX REV 5.25%

2.27 1.1 Mil
municipal

OREGON ST DEPT ADMINISTRATIVE SVCS LOTTERY REV 5%

2.25 1.1 Mil
municipal

OREGON HEALTH SCIENCES UNIV REV 4%

2.24 1.1 Mil
municipal

LINN CNTY ORE CMNTY SCH DIST NO 9 LEBANON 5.5%

2.19 1.1 Mil
municipal