Delaware Premium Income Fund (FPILX)
The investment seeks to generate income. The fund invests in a portfolio of equity securities and writes (sells) call options on those securities. Under normal circumstances, it will write (sell) call options on a majority of its total assets. Typically, all of the call options written (sold) by the fund are expected to be "in-the-money" at the time they are written (sold). Its call option writing strategy is designed to generate income and lower the overall risk profile of the fund's portfolio.
Fund Info
US24611D7306
24611D730
Apr 1, 2018
$0
Large-Cap
Blend
Expense Ratio
FPILX has a high expense ratio of 1.05%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Delaware Premium Income 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
FPILX
N/A
N/A
N/A
N/A
N/A
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^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of FPILX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.00% | 0.00% | |||||||||||
| 2023 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||||
| 2022 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||||
| 2021 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||||
| 2020 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||||
| 2019 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||||
| 2018 | 0.00% | 0.00% | 0.00% | 0.00% | |||||||||
| 2017 | -7.06% | -7.60% | 76.92% | 114.99% | 76.43% | 59.49% | 10.06% | 60.01% | -25.95% | 5.95% | 58.44% | 12.08% | 2,155.13% |
| 2016 | 18.97% | 18.97% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 88, FPILX is among the top 12% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Delaware Premium Income Fund (FPILX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Delaware Premium Income Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $11.53 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $11.53 | $0.20 | $0.16 | $0.16 | $0.25 | $0.19 | $0.13 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Delaware Premium Income 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.14 | $11.39 | $11.53 | ||||||||||
| 2023 | $0.04 | $0.05 | $0.05 | $0.06 | $0.20 | ||||||||
| 2022 | $0.04 | $0.04 | $0.04 | $0.05 | $0.16 | ||||||||
| 2021 | $0.05 | $0.04 | $0.03 | $0.04 | $0.16 | ||||||||
| 2020 | $0.06 | $0.07 | $0.05 | $0.06 | $0.25 | ||||||||
| 2019 | $0.04 | $0.05 | $0.06 | $0.05 | $0.19 | ||||||||
| 2018 | $0.03 | $0.02 | $0.08 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Delaware Premium Income 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 Premium Income Fund was 51.67%, occurring on Sep 14, 2017. Recovery took 52 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.67% | Sep 4, 2017 | 8 | Sep 14, 2017 | 52 | Nov 27, 2017 | 60 |
| -31.06% | May 25, 2017 | 2 | May 26, 2017 | 15 | Jun 16, 2017 | 17 |
| -30.52% | May 10, 2017 | 5 | May 16, 2017 | 6 | May 24, 2017 | 11 |
| -26.15% | Jul 5, 2017 | 11 | Jul 19, 2017 | 13 | Aug 28, 2017 | 24 |
| -23.35% | Jan 5, 2017 | 15 | Jan 25, 2017 | 43 | Mar 30, 2017 | 58 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.