Morningstar

Delaware MN High-Yield Muni Bd A DVMHX

Morningstar Medalist Rating
Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 10.25  /  −0.36 %
  • Total Assets 230.0 Mil
  • Adj. Expense Ratio
    0.840%
  • Expense Ratio 0.840%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Muni Minnesota
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.51%
  • Effective Duration 8.11 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:50 PM GMT+0

Morningstar’s Analysis DVMHX

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

  • People Pillar

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

Weakness in Delaware MN High-Yield Muni Bd 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

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings DVMHX

More DVMHX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5%

3.19 7.1 Mil
municipal

ROCHESTER MINN HEALTH CARE FACS REV 5%

2.51 5.6 Mil
municipal

ST PAUL MINN PORT AUTH SOLID WASTE DISP REV 4.5%

2.38 5.3 Mil
municipal

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5%

1.91 4.2 Mil
municipal

ROCHESTER MINN HEALTH CARE FACS REV 4%

1.64 3.6 Mil
municipal

ST PAUL MINN HSG & REDEV AUTH CHARTER SCH LEASE REV 6%

1.61 3.6 Mil
municipal

MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5.25%

1.45 3.2 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.536%

1.30 2.9 Mil
municipal

MINNESOTA ST 5%

1.28 2.8 Mil
municipal

ROSEMOUNT MINN 4%

1.27 2.8 Mil
municipal

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