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Collecting data for DEFFX

Delaware quote and profile

 
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12.91
  
FUND
(0.01)  Macroaxis: -0.08 Down   0.08%  
May 21 2013 

Diversification Suggestion

Use Delaware to protect against small markets fluctuations. The fund experiences normal downward trend and little activity
Analyze Delaware TaxFree MN A Trend or Check current 30 days Delaware correlation with market (S&P 500)
1 Month Beta -0.07  
Highest Price:  
Lowest Price:  
12.99  
12.91  
May 02 2013 
May 15 2013 
As returns on market increase, returns on owning Delaware are expected to decrease at a much smaller rate. During bear market, Delaware is likely to outperform the market.
Delaware TaxFree MN A Almost negative betaDelaware TaxFree MN A Beta Legend
DEFFX United States NASDAQ
Delaware TaxFree MN A
Delaware Investments
Muni Minnesota
Benchmark S&P 500
Contact Number: 800. 523. 1918
Currency: USD - US Dollar
Traded on NASDAQ Stock Exchange
    
Number of Employees1
Net Asset639.68 M
 United States Nasdaq   0.97 % Macroaxis: 0.97 Moved Up  
 
 United States SP 500   0.18 % Macroaxis: 0.18 Moved Up  
 
 United States NYSE   0.13 % Macroaxis: 0.13 Moved Up  
 
 United States Russel   0.10 % Macroaxis: 0.1 Moved Up  
 
 thisRed DEFFX DEFFX agains markets  0.08 % Macroaxis: 0.08 Moved Down  
 
Compare to Competition Get Alpha   Get Advice

Delaware Leadership

Stephen Czepiel Fund Manager since July 15, 2007
Joseph Baxter Fund Manager since May 21, 2003

Delaware Price and Market Media

The median price of Delaware for the period between Sun, Apr 21, 2013 and Tue, May 21, 2013 is 12.94 with a coefficient of variation of 0.17. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 12.94, and mean deviation of 0.02. The Fund did not receive any noticable media coverage during the period.
Delaware         SP 500
Price Growth (%)
 

Delaware Summary

Delaware TaxFree MN A [DEFFX] is traded in USA and was established in February 26, 1984. The fund is listed under Muni Minnesota category and is part of Delaware Investments family. This fund currently has accumulated 639.68 M in assets under management (AUM) with minimum initial investment of 1 K. Delaware TaxFree MN A is currently producing year-to-date (YTD) return of 0.93% with the current yeild of 3.6%, while the total return for the last 3 years was 6.16%.

Fund Instrument Allocation for Delaware

The fund invests most of its asset under management in bonds or other fixed income securities. .
Past Market
Over 30
Days
0
Out Of
100
 
Chance of
Less
Than
%
 
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Delaware Research Report

Delaware vs. Franklin

Correlation analysis and fundamentals comparison between Delaware TaxFree MN A and Franklin MN TaxFree A

Delaware Asset Under Management

Delaware TaxFree MN A is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Muni Minnesota category is currently estimated at about 8.21 Billion. Delaware holds roughly 639.68 Million in net asset claiming about 8% of funds under Muni Minnesota category.

Delaware Fundamentals

Three Year Return vs Net Asset
Minimum Initial Investment vs Annual Yield
Three Year Return vs Five Year Return
Cash Position Weight vs Annual Yield

Delaware vs Competition

Delaware vs. Franklin MN TaxFree Inc A
Delaware vs. Franklin MN TaxFree Inc C
Delaware vs. Franklin MN TaxFree Income Adv
Delaware vs. Delaware TaxFree MN C
Delaware vs. Delaware TaxFree MN B
Delaware vs. Fidelity Minnesota Municipal Income
Delaware vs. Columbia Minnesota TaxExempt Z
Delaware vs. Columbia Minnesota TaxExempt C
Delaware vs. Columbia Minnesota TaxExempt B

Delaware May 21 2013 Opportunity Range

Downside Deviation0.1091
Information Ratio(3.89)
Maximum Drawdown0.3086
Value At Risk(0.15)
Potential Upside0.0775

 
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