Delaware High Yield Opportunities Fund Quote
| DHOAX Fund | USD 3.39 0.01 0.29% |
Performance1 of 100
| Odds Of DistressLess than 22
|
Delaware High is trading at 3.39 as of the 16th of April 2024; that is -0.29 percent down since the beginning of the trading day. The fund's open price was 3.4. Delaware High has about a 22 % 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 Delaware High Yield Opportunities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
Under normal circumstances, the fund will invest at least 80 percent of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities rated at the time of purchase lower than BBB- by Standard Poors Financial Services LLC, Baa3 by Moodys Investors Services, Inc. More on Delaware High Yield Opportunities
Moving together with Delaware Mutual Fund
| 0.71 | OASGX | Optimum Small Mid | PairCorr |
| 0.85 | OASVX | Optimum Small Mid | PairCorr |
| 0.97 | DHIZX | Delaware High Yield | PairCorr |
| 0.96 | DHIRX | Delaware High Yield | PairCorr |
| 0.97 | DHOIX | Delaware High Yield | PairCorr |
| 0.97 | DHOCX | Delaware High Yield | PairCorr |
Delaware 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. Delaware High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Delaware High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Delaware Funds by Macquarie Funds, Large Funds, High Yield Bond Funds, High Yield Bond, Delaware Funds by Macquarie (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 28th of November 2022 |
| Fiscal Year End | July |
Delaware High Yield Opportunities [DHOAX] is traded in USA and was established 16th of April 2024. Delaware High is listed under Delaware Funds by Macquarie category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of Delaware Funds by Macquarie family. This fund currently has accumulated 457.58 M in assets under management (AUM) with no minimum investment requirementsDelaware High Yield is currently producing year-to-date (YTD) return of 0.85% with the current yeild of 0.01%, while the total return for the last 3 years was 1.63%.
Check Delaware High Probability Of Bankruptcy
Instrument Allocation
Delaware High Target Price Odds Analysis
Based on a normal probability distribution, the odds of Delaware High jumping above the current price in 90 days from now is about 85.12%. The Delaware High Yield Opportunities probability density function shows the probability of Delaware High mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Delaware High has a beta of 0.2281 suggesting as returns on the market go up, Delaware High average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Delaware High Yield Opportunities will be expected to be much smaller as well. Additionally, delaware High Yield Opportunities has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Delaware High to move above the current price in 90 days from now is about 85.12 (This Delaware High Yield Opportunities probability density function shows the probability of Delaware Mutual Fund to fall within a particular range of prices over 90 days) .
Delaware High Yield Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Delaware High market risk premium is the additional return an investor will receive from holding Delaware High 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 Delaware High. 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 Delaware High's alpha and beta are two of the key measurements used to evaluate Delaware High's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1491 | |||
| Standard Deviation | 0.2386 | |||
| Variance | 0.0569 | |||
| Risk Adjusted Performance | (0.03) |
Delaware High Against Markets
Picking the right benchmark for Delaware High 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 Delaware High 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 Delaware High is critical whether you are bullish or bearish towards Delaware High Yield Opportunities at a given time. Please also check how Delaware High'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 Delaware High 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 Delaware Mutual Fund?
Before investing in Delaware High, 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 Delaware High. To buy Delaware High fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Delaware High. 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 Delaware High fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Delaware High Yield Opportunities 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 Delaware High Yield Opportunities 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 Delaware High Yield Opportunities, 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 Delaware High Yield Opportunities?
The danger of trading Delaware High Yield Opportunities 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 Delaware High 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 Delaware High. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Delaware High Yield 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delaware High Yield Opportunities. 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 nation. Note that the Delaware High Yield information on this page should be used as a complementary analysis to other Delaware High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.