Delaware Floating Rate Fund (DDFLX)
The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in floating rate loans and other floating rate debt securities (80% policy). The Manager will determine how much of the fund's assets to allocate among the different types of securities in which the fund may invest based on its evaluation of economic and market conditions and its assessment of the returns and potential for appreciation that can be achieved from various sectors of the fixed income market.
Fund Info
ISIN | US2459086375 |
---|---|
Issuer | Delaware Funds by Macquarie |
Inception Date | Feb 25, 2010 |
Category | Bank Loan |
Min. Investment | $0 |
Asset Class | Bond |
Expense Ratio
DDFLX has a high expense ratio of 0.67%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: DDFLX vs. WLGAX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Delaware Floating Rate Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Delaware Floating Rate Fund had a return of 3.29% year-to-date (YTD) and 12.57% in the last 12 months. Over the past 10 years, Delaware Floating Rate Fund had an annualized return of 4.14%, while the S&P 500 had an annualized return of 10.66%, indicating that Delaware Floating Rate Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 3.29% | 9.31% |
1 month | 0.85% | 0.08% |
6 months | 6.36% | 19.94% |
1 year | 12.57% | 26.02% |
5 years (annualized) | 5.43% | 12.62% |
10 years (annualized) | 4.14% | 10.66% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.67% | 0.83% | 0.90% | 0.60% | ||||||||
2023 | -0.11% | 1.79% | 1.93% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of DDFLX is 99, placing it in the top 1% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
DDFLX (Delaware Floating Rate Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Delaware Floating Rate Fund (DDFLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Delaware Floating Rate Fund granted a 8.92% dividend yield in the last twelve months. The annual payout for that period amounted to $0.72 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.72 | $0.69 | $0.39 | $0.33 | $0.39 | $0.44 | $0.46 | $0.39 | $0.17 | $0.19 | $0.22 | $0.20 |
Dividend yield | 8.92% | 8.65% | 5.04% | 3.97% | 4.76% | 5.31% | 5.71% | 4.64% | 2.08% | 2.36% | 2.57% | 2.32% |
Monthly Dividends
The table displays the monthly dividend distributions for Delaware Floating Rate Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.06 | $0.06 | $0.06 | $0.06 | ||||||||
2023 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 |
2022 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 |
2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.04 | $0.03 |
2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.06 | $0.03 | $0.03 |
2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 |
2018 | $0.03 | $0.06 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 |
2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 | $0.03 | $0.02 | $0.03 | $0.03 | $0.06 | $0.07 |
2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 |
2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 |
2013 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Delaware Floating Rate Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Delaware Floating Rate Fund was 18.08%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-18.08% | Feb 24, 2020 | 21 | Mar 23, 2020 | 161 | Nov 9, 2020 | 182 |
-5.18% | Feb 3, 2022 | 104 | Jul 5, 2022 | 130 | Jan 9, 2023 | 234 |
-3.29% | Oct 24, 2018 | 44 | Dec 27, 2018 | 38 | Feb 22, 2019 | 82 |
-3.11% | May 5, 2011 | 107 | Oct 5, 2011 | 97 | Feb 24, 2012 | 204 |
-2.99% | Jun 4, 2015 | 175 | Feb 11, 2016 | 112 | Jul 22, 2016 | 287 |
Volatility
Volatility Chart
The current Delaware Floating Rate Fund volatility is 0.80%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.