DVMYX: Delaware MN High-Yield Muni Bd B

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DVMYX Delaware MN High-Yield Muni Bd B

  • Fund
  • DVMYX
  • Price as of: N/A
  • N/A N/A N/A
  • Primary Category
  • N/A
  • Fund Company
  • N/A
  • Share Class

DVMYX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 4.6%
  • 5 Yr Annualized Return 5.3%
  • Net Assets $158 M
  • Holdings in Top 10 18.1%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.74%

SALES FEES

  • Front Load N/A
  • Deferred Load 4.00%

BROKERAGE FEES

  • Turnover 14.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of May 31, 2007

STANDARD (TAXABLE)

$1,000

IRA

N/A

Fund Classification

PRIMARY CATEGORY

N/A
  • Fund Type Open End Mutual Fund
  • Investment Style Muni Minnesota

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.89%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Delaware Minnesota High-Yield Municipal Bond Fund
  • Fund Family Name N/A
  • Inception Date Jun 12, 1996
  • Shares Outstanding N/A
  • Share Class B
  • Currency USD
  • Domiciled Country United States

Fund Description

Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal securities the income from which is exempt from federal income taxes, including the federal alternative minimum tax, and from Minnesota state personal income taxes. It will generally have a dollar-weighted average effective maturity of between 5 and 30 years.

DVMYX - Mutual Fund Categories

DVMYX - Performance

Return Ranking - Trailing

Period DVMYX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.2% 7.6% N/A
1 Yr 10.1% -6.4% 8.5% N/A
3 Yr 4.6%* -2.3% 3.6% N/A
5 Yr 5.3%* -1.3% 1.7% N/A
10 Yr 4.1%* -1.1% 4.2% N/A

* Annualized


Return Ranking - Calendar

Period DVMYX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -7.2% 11.0% N/A
2017 N/A -10.1% 6.8% N/A
2016 N/A -4.9% 0.0% N/A
2015 N/A -5.6% 1.8% N/A
2014 N/A -34.8% 15.6% N/A

Total Return Ranking - Trailing

Period DVMYX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -3.2% 7.6% N/A
1 Yr 6.1% -6.4% 8.5% N/A
3 Yr 3.9%* -2.3% 3.6% N/A
5 Yr 5.1%* -1.3% 4.4% N/A
10 Yr 4.1%* -1.1% 5.6% N/A

* Annualized


Total Return Ranking - Calendar

Period DVMYX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -7.2% 11.0% N/A
2017 N/A -10.1% 6.9% N/A
2016 N/A -4.9% 1.0% N/A
2015 N/A -5.6% 4.0% N/A
2014 N/A -34.8% 16.3% N/A

NAV & Total Return History

DVMYX - Holdings

Concentration Analysis

DVMYX Category Low Category High DVMYX % Rank
Net Assets 158 M 6.28 M 20.6 B N/A
Number of Holdings 139 31 4231 N/A
Net Assets in Top 10 28.4 M -4.71 M 2.92 B N/A
Weighting of Top 10 18.13% 2.5% 58.7% N/A

Top 10 Holdings

  1. St Louis Park Minn Health Care Hlt 5.75% 2.68%

  2. St Cloud Minn Health Care Rev Rev 5.125% 2.22%

  3. Minneapolis Minn Health Care S Hlth C 5% 1.94%

  4. Univ Minn Spl Purp Rev Spec Purp 5% 1.83%

  5. Minnesota St Mun Pwr Agy Elec Elec Ut 5% 1.77%

  6. Cloquet Minn Pollutn Ctl Rev Rev Re 5.9% 1.73%

  7. Minneapolis Minn Health Care S Re 6.625% 1.51%

  8. Minneapolis & St Paul Minn Met Subord 5% 1.51%

  9. Minneapolis & St Paul Minn Met Subord 5% 1.48%

  10. Maple Grove Minn Health Care S Hea 5.25% 1.45%


Asset Allocation

Weighting Return Low Return High DVMYX % Rank
Bonds
99.43% -0.60% 103.72% N/A
Other
0.57% -2.39% 8.43% N/A
Stocks
0.00% 0.00% 0.32% N/A
Preferred Stocks
0.00% 0.00% 0.00% N/A
Convertible Bonds
0.00% 0.00% 0.00% N/A
Cash
0.00% -3.73% 93.39% N/A

Bond Sector Breakdown

Weighting Return Low Return High DVMYX % Rank
Municipal
99.43% 0.00% 103.73% N/A
Derivative
0.00% -0.20% 0.00% N/A
Cash & Equivalents
0.00% -3.73% 93.39% N/A
Securitized
0.00% 0.00% 0.00% N/A
Corporate
0.00% 0.00% 4.72% N/A
Government
0.00% -17.97% 1.02% N/A

Bond Geographic Breakdown

Weighting Return Low Return High DVMYX % Rank
US
99.43% -0.60% 102.38% N/A
Non US
0.00% 0.00% 22.38% N/A

DVMYX - Expenses

Operational Fees

DVMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.74% 0.09% 2.58% N/A
Management Fee 0.55% 0.08% 1.30% N/A
12b-1 Fee 1.00% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.33% N/A

Sales Fees

DVMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 4.00% 0.50% 5.00% N/A

Trading Fees

DVMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

DVMYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 3.32% 293.00% N/A

DVMYX - Distributions

Dividend Yield Analysis

DVMYX Category Low Category High DVMYX % Rank
Dividend Yield 0.00% 0.00% 2.83% N/A

Dividend Distribution Analysis

DVMYX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

DVMYX Category Low Category High DVMYX % Rank
Net Income Ratio 2.89% -0.21% 4.62% N/A

Capital Gain Distribution Analysis

DVMYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

DVMYX - Managers

Tenure Analysis

Category Low

0.75

Category High

28.92

Category Average

11.47

Category Mode

16.51