Delaware Investments Ultrashort Fund Quote
| DULTX Fund | USD 9.96 0.01 0.10% |
Performance12 of 100
| Odds Of DistressLess than 18
|
Delaware Investments is trading at 9.96 as of the 3rd of May 2024; that is 0.10% increase since the beginning of the trading day. The fund's open price was 9.95. Delaware Investments has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Delaware Investments Ultrashort are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 14th of May 2022 and ending today, the 3rd of May 2024. Click here to learn more.
The fund will invest all of its net assets, plus the amount of any borrowings for investment purposes, in investment grade fixed income securities at the time of purchase, including, but not limited to, fixed income securities issued or guaranteed by the U.S. More on Delaware Investments Ultrashort
Moving together with Delaware Mutual Fund
| 0.64 | OCLVX | Optimum Large Cap | PairCorr |
Moving against Delaware Mutual Fund
| 0.72 | XNXJX | Nuveen New Jersey | PairCorr |
| 0.67 | XDSMX | Dreyfus Strategic | 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 Investments' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Delaware Investments or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Long Short Funds (View all Themes) |
| Fund Concentration | Delaware Funds by Macquarie Funds, Large Funds, Ultrashort Bond Funds, Long Short Funds, Ultrashort Bond, Delaware Funds by Macquarie, Large, Ultrashort Bond (View all Sectors) |
| Update Date | 31st of March 2024 |
Delaware Investments Ultrashort [DULTX] is traded in USA and was established 3rd of May 2024. Delaware Investments is listed under Delaware Funds by Macquarie category by Fama And French industry classification. The fund is listed under Ultrashort Bond category and is part of Delaware Funds by Macquarie family. The entity is thematically classified as Long Short Funds. This fund currently has accumulated 71.38 M in assets under management (AUM) with no minimum investment requirementsDelaware Investments is currently producing year-to-date (YTD) return of 1.57% with the current yeild of 0.0%, while the total return for the last 3 years was 2.45%.
Check Delaware Investments Probability Of Bankruptcy
Instrument Allocation
Delaware Investments Target Price Odds Analysis
Based on a normal probability distribution, the odds of Delaware Investments jumping above the current price in 90 days from now is roughly 2.17%. The Delaware Investments Ultrashort probability density function shows the probability of Delaware Investments mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Delaware Investments Ultrashort has a beta of -0.0314 suggesting as returns on the benchmark increase, returns on holding Delaware Investments are expected to decrease at a much lower rate. During a bear market, however, Delaware Investments Ultrashort is likely to outperform the market. Additionally, delaware Investments Ultrashort has an alpha of 0.0176, implying that it can generate a 0.0176 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Delaware Investments to move above the current price in 90 days from now is roughly 2.17 (This Delaware Investments Ultrashort probability density function shows the probability of Delaware Mutual Fund to fall within a particular range of prices over 90 days) .
Delaware Investments Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Delaware Investments market risk premium is the additional return an investor will receive from holding Delaware Investments 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 Investments. 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 Investments' alpha and beta are two of the key measurements used to evaluate Delaware Investments' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.0682 | |||
| Standard Deviation | 0.1345 | |||
| Variance | 0.0181 | |||
| Risk Adjusted Performance | 0.0874 |
Delaware Investments Against Markets
Picking the right benchmark for Delaware Investments 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 Investments 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 Investments is critical whether you are bullish or bearish towards Delaware Investments Ultrashort at a given time. Please also check how Delaware Investments' 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 Investments 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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Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
How to buy Delaware Mutual Fund?
Before investing in Delaware Investments, 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 Investments. To buy Delaware Investments fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Delaware Investments. 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 Investments fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Delaware Investments Ultrashort 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 Investments Ultrashort 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 Investments Ultrashort, 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 Investments Ultrashort?
The danger of trading Delaware Investments Ultrashort 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 Investments 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 Investments. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Delaware Investments 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 Investments Ultrashort. 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 estimate. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.