Morningstar

Delaware Floating Rate A DDFAX

Morningstar Medalist Rating
Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 7.98  /  +0.15 %
  • Total Assets 672.8 Mil
  • Adj. Expense Ratio
    0.960%
  • Expense Ratio 0.960%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Bank Loan
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 8.74%
  • Effective Duration 1.15 years

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:43 PM GMT+0

Morningstar’s Analysis DDFAX

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

  • People Pillar

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

Placing Fund Under Review

null Maciej Kowara

Maciej Kowara

Analyst Note

Longtime lead manager Adam Brown has decided to leave the firm. As of Sept. 18, 2024, Vivek Bommi and John McCarthy assumed responsibility for managing this fund. In view of this change, the fund is placed under review.

by Maciej Kowara
Published on

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Portfolio Holdings DDFAX

More DDFAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Applied Systems Inc

1.93 11.9 Mil
Corporate

Staples Inc

1.92 11.9 Mil
Corporate

Spx Flow Inc

1.83 11.4 Mil
Corporate

Consolidated Communications

1.73 10.7 Mil
Corporate

Amynta Agency Borrower

1.67 10.3 Mil
Corporate

Hamilton Projects Acquir

1.63 10.1 Mil
Corporate

Boxer Parent Co Inc

1.62 10.0 Mil
Corporate

Heartland Dental Llc

1.60 9.9 Mil
Corporate

BlackRock Liquidity FedFund Instl

1.48 9.1 Mil
Cash and Equivalents

Fidelity Inv MM Government I

1.48 9.1 Mil
Cash and Equivalents

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