Delaware Tax-free Financials
| DMNIX Fund | USD 11.41 0.03 0.26% |
Delaware |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Delaware Tax-free Fund Summary
Delaware Tax-free competes with Goldman Sachs, Columbia Global, Biotechnology Fund, Global Technology, and Allianzgi Technology. 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 municipal securities the income from which is exempt from federal income tax, including the federal alternative minimum tax, and from Minnesota state personal income taxes. It will generally have a dollar-weighted average effective maturity of between 5 and 30 years.Specialization | Muni Minnesota, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | One Commerce Square |
| Mutual Fund Family | Delaware Funds by Macquarie |
| Mutual Fund Category | Muni Minnesota |
| Benchmark | Dow Jones Industrial |
| Phone | 800 523 1918 |
| Currency | USD - US Dollar |
Delaware Tax-free Key Financial Ratios
Delaware Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Delaware Tax-free's current stock value. Our valuation model uses many indicators to compare Delaware Tax-free value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Delaware Tax-free competition to find correlations between indicators driving Delaware Tax-free's intrinsic value. More Info.Delaware Tax Free Minnesota is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 957.58 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Delaware Tax-free's earnings, one of the primary drivers of an investment's value.Delaware Tax Free Systematic Risk
Delaware Tax-free's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Delaware Tax-free volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Delaware Tax Free correlated with the market. If Beta is less than 0 Delaware Tax-free generally moves in the opposite direction as compared to the market. If Delaware Tax-free Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Delaware Tax Free is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Delaware Tax-free is generally in the same direction as the market. If Beta > 1 Delaware Tax-free moves generally in the same direction as, but more than the movement of the benchmark.
Delaware Tax-free November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Delaware Tax-free help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Delaware Tax Free Minnesota. We use our internally-developed statistical techniques to arrive at the intrinsic value of Delaware Tax Free Minnesota based on widely used predictive technical indicators. In general, we focus on analyzing Delaware Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Delaware Tax-free's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4279 | |||
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 1.69 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.3537 |
Other Information on Investing in Delaware Mutual Fund
Delaware Tax-free financial ratios help investors to determine whether Delaware Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Delaware with respect to the benefits of owning Delaware Tax-free security.
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