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Morningstar

Delaware Tax-Free ID A VIDAX

Morningstar Medalist Rating
Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 9.56  /  0.00
  • Total Assets 113.4 Mil
  • Adj. Expense Ratio
    0.860%
  • Expense Ratio 0.860%
  • 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 3.42%
  • Effective Duration 9.38 years

USD | NAV as of Oct 04, 2023 | 1-Day Return as of Oct 04, 2023, 10:21 PM GMT+0

Morningstar’s Analysis VIDAX

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

People Pillar

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

Weakness in Delaware Tax-Free ID A's Process and People 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-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings VIDAX

More VIDAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 107
  • Other Holdings 1
  • % Assets in Top 10 Holdings 27.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

IDAHO HSG & FIN ASSN SALES TAX REV 5%

4.72
5,758,207
municipal

GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5%

3.83
4,670,166
municipal

IDAHO HEALTH FACS AUTH HOSP REV 4%

3.12
3,808,155
municipal

IDAHO WTR RESOURCE BRD WTR RES LN PROG REV 5%

2.92
3,566,925
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%

2.37
2,891,167
municipal

IDAHO HSG & FIN ASSN NONPROFIT FACS REV 4%

2.27
2,774,820
municipal

IDAHO HSG & FIN ASSN 4%

2.20
2,689,790
municipal

IDAHO HSG & FIN ASSN NONPROFIT FACS REV 3%

2.06
2,515,936
municipal

IDAHO HEALTH FACS AUTH REV 3%

2.03
2,478,729
municipal

PUERTO RICO COMWLTH HWYS & TRANSN AUTH RESTRUCTURED TOLL REV 5%

1.89
2,304,900
municipal