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Delaware insider: Stephen Czepiel

       

Stephen Czepiel - Delaware Insider Profile

Fund Manager since July 15, 2007

Czepiel is a senior vice president, senior municipal bond trader and head of municipal bond trading with Delaware Investments, his employer since July 2004. Previously, he was vice president at both Mesirow Financial and Loop Capital Markets. He began his career in the securities industry in 1982 as a municipal bond trader at Kidder Peabody and now has more than 20 years of experience in municipal securities trading.
  Money Manager Since 2007      
800-523-1918  

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Manager Performance

Fund Summary

The fund normally invests at least 80% of assets in municipal securities the income from which is exempt from federal income taxes and the Minnesota state personal income taxes. It invests in lowerrated municipal securities , which typically offer higher income potential and involve greater risk than higherquality securities. The fund generally has a dollarweighted average effective maturity of between 5 and 30 years.The fund is listed under Muni Minnesota category and is part of Delaware Investments family. Filter other
    
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DVMMX United States NASDAQ
Delaware MN HighYield Municipal Bond C
Benchmark S&P 500
Currency: USD - US Dollar
Traded on NASDAQ Stock Exchange
    
    

Delaware price boundaries

    
May 14 2013
 11.11 
  
 11.11 
0.00  No Change   0.00%  
Lowest period price (30 days)
May 02 2013
 11.17 
  
 11.17 
0.00  No Change   0.00%  
Highest period price (30 days)
    

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Today Change

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Fund Performance

Number of Employees1
Probability Of Bankruptcy1.00 %
Annual Yield3.03 %
Year to Date Return0.81 %
One Year Return12.93 %
Three Year Return9.09 %
Five Year Return4.11 %
Ten Year Return5.03 %
Net Asset170.73 M
Minimum Initial Investment1 K


 
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