Wilmington Diversified Income Fund Quote
| WDIIX Fund | USD 12.28 0.08 0.66% |
Performance6 of 100
| Odds Of DistressLess than 20
|
Wilmington Diversified is trading at 12.28 as of the 22nd of April 2024; that is 0.66% increase since the beginning of the trading day. The fund's open price was 12.2. Wilmington Diversified has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Wilmington Diversified Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of March 2024 and ending today, the 22nd of April 2024. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of the value of its net assets in securities that produce dividend income. The funds strategy targets a portfolio level dividend yield of two times the SP 500 dividend yield and seeks capital appreciation over a multi-year investment horizon principally through investments in U.S. More on Wilmington Diversified Income
Moving together with Wilmington Mutual Fund
| 0.93 | WRAAX | Wilmington Global Alpha | PairCorr |
| 0.94 | WRAIX | Wilmington Global Alpha | PairCorr |
| 1.0 | WDIAX | Wilmington Diversified | PairCorr |
Wilmington Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wilmington Diversified's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wilmington Diversified or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Wilmington Funds, Large Value Funds, Large Value, Wilmington Funds, Large Value, Allocation--50% to 70% Equity (View all Sectors) |
| Update Date | 31st of March 2024 |
Wilmington Diversified Income [WDIIX] is traded in USA and was established 22nd of April 2024. Wilmington Diversified is listed under Wilmington Funds category by Fama And French industry classification. The fund is listed under Large Value category and is part of Wilmington Funds family. This fund at this time has accumulated 41.78 M in net assets with minimum initial investment of 100 K. Wilmington Diversified is currently producing year-to-date (YTD) return of 3.72% with the current yeild of 0.02%, while the total return for the last 3 years was 5.34%.
Check Wilmington Diversified Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Wilmington Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Wilmington Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Wilmington Diversified Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Wilmington Diversified Income Mutual Fund Constituents
| MRK | Merck Company | Stock | Health Care |
| CVX | Chevron Corp | Stock | Energy |
| AVGO | Broadcom | Stock | Information Technology |
| CSCO | Cisco Systems | Stock | Information Technology |
| HYG | iShares iBoxx High | Etf | High Yield Bond |
| IDV | iShares International Select | Etf | Foreign Large Value |
| JNJ | Johnson Johnson | Stock | Health Care |
Wilmington Diversified Target Price Odds Analysis
Based on a normal probability distribution, the odds of Wilmington Diversified jumping above the current price in 90 days from now is about 43.79%. The Wilmington Diversified Income probability density function shows the probability of Wilmington Diversified mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Wilmington Diversified has a beta of 0.894. This entails Wilmington Diversified Income market returns are sensitive to returns on the market. As the market goes up or down, Wilmington Diversified is expected to follow. Additionally, wilmington Diversified Income has an alpha of 0.0072, implying that it can generate a 0.007156 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Wilmington Diversified to move above the current price in 90 days from now is about 43.79 (This Wilmington Diversified Income probability density function shows the probability of Wilmington Mutual Fund to fall within a particular range of prices over 90 days) .
Wilmington Diversified Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Wilmington Diversified market risk premium is the additional return an investor will receive from holding Wilmington Diversified long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Wilmington Diversified. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Wilmington Diversified's alpha and beta are two of the key measurements used to evaluate Wilmington Diversified's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.482 | |||
| Semi Deviation | 0.581 | |||
| Standard Deviation | 0.652 | |||
| Variance | 0.4251 |
Wilmington Diversified Against Markets
Picking the right benchmark for Wilmington Diversified mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Wilmington Diversified mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Wilmington Diversified is critical whether you are bullish or bearish towards Wilmington Diversified Income at a given time. Please also check how Wilmington Diversified's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Wilmington Diversified without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Wilmington Mutual Fund?
Before investing in Wilmington Diversified, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Wilmington Diversified. To buy Wilmington Diversified fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wilmington Diversified. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Wilmington Diversified fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Wilmington Diversified Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Wilmington Diversified Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Wilmington Diversified Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Wilmington Diversified Income?
The danger of trading Wilmington Diversified Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wilmington Diversified is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wilmington Diversified. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wilmington Diversified is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wilmington Diversified Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.