Weakness in Delaware Ivy Municipal High Income Y's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
- NAV / 1-Day Return 4.28 / 0.03 %
- Total Assets 492.2 Mil
-
Adj. Expense Ratio
—
- Expense Ratio 0.860%
- Distribution Fee Level High
- Share Class Type Institutional
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 0
- Status Open
- TTM Yield 4.58%
- Effective Duration 11.79 years
Morningstar’s Analysis IYIYX
Will IYIYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 155
- Other Holdings 2
- % Assets in Top 10 Holdings 27.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5%
3.99
19,980,001
municipal
PUERTO RICO COMWLTH 0%
3.85
19,300,601
municipal
CHILDRENS TR FD P R TOB SETTLEMENT REV 0%
3.08
15,430,500
municipal
PENNSYLVANIA ST TPK COMMN TPK REV 6.375%
3.05
15,291,720
municipal
NEW YORK CNTYS TOB TR V 0%
2.39
11,975,880
municipal
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
2.32
11,640,870
municipal
CHESTER PA ECONOMIC DEV AUTH LEASE REV 5.625%
2.29
11,477,040
municipal
PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5%
2.15
10,790,190
municipal
PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%
2.14
10,718,160
municipal
CALIFORNIA EDL FACS AUTH REV 5%
2.13
10,666,440
municipal