Delaware Investments Ultrashort Fund (DLTLX)
The fund will invest all of its net assets, plus the amount of any borrowings for investment purposes, in investment grade fixed income securities at the time of purchase, including, but not limited to, fixed income securities issued or guaranteed by the U.S. government, its agencies or instrumentalities, and by U.S. and non-U.S. corporations. It may invest up to 30% of its net assets in foreign securities, including up to 10% of its net assets in securities of issuers located in emerging markets.
Fund Info
| ISIN | US2459108070 |
|---|---|
| CUSIP | 245910807 |
| Issuer | Delaware Funds |
| Inception Date | Jun 30, 1978 |
| Category | Ultrashort Bond |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
The Delaware Investments Ultrashort Fund has a high expense ratio of 0.40%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: DLTLX vs. DODIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Delaware Investments Ultrashort 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 6.92% |
| 1 month | N/A | -2.83% |
| 6 months | N/A | 23.86% |
| 1 year | N/A | 23.33% |
| 5 years (annualized) | N/A | 11.66% |
| 10 years (annualized) | N/A | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Delaware Investments Ultrashort Fund (DLTLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Delaware Investments Ultrashort Fund granted a 1.07% dividend yield in the last twelve months. The annual payout for that period amounted to $0.11 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.11 | $0.14 | $0.05 | $0.12 | $0.25 | $0.21 | $0.15 | $0.07 |
Dividend yield | 1.07% | 1.46% | 0.49% | 1.16% | 2.52% | 2.16% | 1.46% | 0.73% |
Monthly Dividends
The table displays the monthly dividend distributions for Delaware Investments Ultrashort 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.00 | $0.00 | $0.00 | |||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2018 | $0.01 | $0.03 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.03 |
| 2016 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 |
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 Investments Ultrashort 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 Investments Ultrashort Fund was 5.33%, occurring on Mar 23, 2020. Recovery took 84 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -5.33% | Mar 2, 2020 | 16 | Mar 23, 2020 | 84 | Jul 22, 2020 | 100 |
| -0.9% | Aug 17, 2021 | 209 | Jun 14, 2022 | 117 | Nov 30, 2022 | 326 |
| -0.42% | Oct 3, 2016 | 53 | Dec 15, 2016 | 35 | Feb 7, 2017 | 88 |
| -0.31% | Oct 30, 2018 | 30 | Dec 12, 2018 | 14 | Jan 3, 2019 | 44 |
| -0.3% | Oct 31, 2017 | 16 | Nov 21, 2017 | 22 | Dec 22, 2017 | 38 |
Volatility
Volatility Chart
The current Delaware Investments Ultrashort Fund volatility is 0.00%, 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.