DDFAX : Delaware Floating Rate Fund Class A

DDFAX is a Bond Market High Yield Bond with MODERATE fees.

DDFAX

Delaware Floating Rate Fund Class A

FI Score

25 /100

Expense Ratio Rating

5 /10

Expense Rating

1 /10

Market Score

3 /10

Category Score

0 /10

Market Size

3 /10

25% FI Score
  • ddfax
  • Mutual Fund
  • Bond
  • High Yield Bond

Delaware Floating Rate Fund Class A

Expenses: 0.94% (Better than 1% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks high current income and, secondarily, long-term total return. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in floating rate loans and other floating rate debt securities (80% policy). The Manager will determine how much of the fund's assets to allocate among the different types of securities in which the fund may invest based on its evaluation of economic and market conditions and its assessment of the returns and potential for appreciation that can be achieved from various sectors of the fixed income market.

Largest Holdings

Amount Holding
1.84% Applied Systems Term Loan 2nd Lien - Libor 3m + 700 (100 Bps Floor)
1.75% Heartland Dental Term Loan
1.63% T-Mobile Term Loan
1.62% Edgewater Generation Term Loan B
1.61% Vistra Energy Term Loan B3
1.61% Frontier Communications Corp Term Loan B 1st Lien - Libor 3m + 375 (75 Bps
1.55% Charter Communications Term Loan B2
1.54% Informatica Term Loan
1.46% Consolidated Communications Term Loan B 1st Lien - Libor 3m + 300 (100 Bps
1.45% Stars Group Term Loan B
1.44% Bmc Term Loan B
1.42% Ultimate Software Term Loan
1.42% Liberty Latin America Term Loan B
1.39% Merrill Communications Term Loan B
1.36% Dun & Bradstreet Term Loan B
1.35% Ensemble Health Term Loan
1.34% Kindred At Home Term Loan
1.34% Inmarsat Term Loan B
1.33% Athenahealth Term Loan B
1.30% Digicel International Finance Term Loan B 1st Lien - Libor 3m+325(100 Bps)
1.27% Hd Supply Waterworks Term Loan B 1st Lien - Libor 3m + 400 (100 Bps Floor)
1.26% Amer Air Pt Tr 2017-1 3.48%
1.25% Nfp Term Loan B
1.25% Cablevision Holdings Llc Term Loan B 1st Lien - Libor 3m+225 (0 Bps Floor)
1.25% Ortho-Clinical Diagnostics Term Loan B

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