11.90 Up unch unch
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 11.90
Category Muni National Long
Net Assets 500.53 Mil
Yield 3.80%
Morningstar Risk Average
Morningstar Return Average
  • Last NAV update 8/29/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks as high a level of current interest income exempt from federal income tax as is available from municipal obligations and as is consistent with prudent investment management and preservation of capital. The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities the income from which is exempt from federal income taxes, including the federal alternative minimum tax. It will invest its assets in securities with maturities of various lengths, depending on market conditions, but will have a dollar-weighted average effective maturity of between 5 and 30 years.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 2.96% 10.61% 10.95% -5.16% 8.74%
Value ($) 10,296.35 11,388.99 12,636.09 11,984.40 13,032.23
  • Year to date performance as of 8/28/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family Delaware Investments
Fund Manager Joseph Baxter
Tenure (Years) 11
Fund Status Open
Minimum Initial Purchase 1,000.00
Minimum IRA Investment 250.00
Front Load 4.50
Expense Ratio 0.80%
PERFORMANCE
Symbol Value ($)
1 Month 0.98%
3 Months 1.54%
1 Year 10.92%
3 Years* 6.05%
5 Years* 6.28%
  • * Annualized returns
  • Performance as of 8/28/2014 12:00 AM ET
PEER COMPARISON
  DMTFX Muni National Long
5-Yr Return 6.28% 5.58%
Sharpe Ratio 1.18 1.71
Net Assets 500.53 Mil 408.81 Mil
Avg Market Cap NA 28.00 Bil
Avg P/E NA NA
Portfolio Turnover 40 34
HOLDINGS
Symbol Value ($)
Stocks 0.00%
Cash 0.00%
Fixed Income 99.17%
Other 0.83%
TOP 10 HOLDINGS
NAME % NET ASSETS
Oklahoma Transn Auth 6% 3.14%
North Carolina St Go Pub Im 5% 2.29%
New Jersey St Transn Tr Fd Aut Tran 5.5% 2.07%
New York N Y City Transitional Future 5% 2.00%
Fairfax Cnty Va Pub Impt 5% 1.93%
Missouri St Hwys & Trans Commn First 5% 1.76%
Brooklyn Arena Loc Dev Corp N Rev B 6.5% 1.69%
Washington St Go Ref Bd 5% 1.63%
San Antonio Tex Elec & Gas Rev Rev 5.25% 1.57%
Railsplitter Tob Settlement Au Tob 6.25% 1.35%
DATA PROVIDERS

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