Delaware Tax-Free USA B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
11.1%
3 Yr Avg Return
5.6%
5 Yr Avg Return
5.7%
Net Assets
$555 M
Holdings in Top 10
19.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.70%
SALES FEES
Front Load N/A
Deferred Load 4.00%
TRADING FEES
Turnover 40.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DTFCX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 4.9%
- 5 Yr Annualized Total Return 5.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.22%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDelaware Tax Free USA Fund
-
Fund Family NameDelaware Investments
-
Inception DateMay 02, 1994
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerStephen J. Czepiel
Fund Description
DTFCX - Performance
Return Ranking - Trailing
Period | DTFCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 0.0% | 5.6% | N/A |
1 Yr | 11.1% | -3.2% | 5.4% | N/A |
3 Yr | 5.6%* | -2.9% | 1.5% | N/A |
5 Yr | 5.7%* | -1.8% | 2.3% | N/A |
10 Yr | 4.1%* | -8.7% | 2.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | DTFCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -4.8% | 0.8% | N/A |
2022 | N/A | -0.9% | 5.6% | N/A |
2021 | N/A | -6.1% | 7.3% | N/A |
2020 | N/A | -10.9% | 2.6% | N/A |
2019 | N/A | -60.4% | 12.0% | N/A |
Total Return Ranking - Trailing
Period | DTFCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 0.0% | 5.6% | N/A |
1 Yr | 7.1% | -2.9% | 6.9% | N/A |
3 Yr | 4.9%* | -2.9% | 3.2% | N/A |
5 Yr | 5.5%* | -1.8% | 3.7% | N/A |
10 Yr | 4.1%* | -8.7% | 5.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | DTFCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -4.8% | 1.7% | N/A |
2022 | N/A | -0.9% | 6.2% | N/A |
2021 | N/A | -6.1% | 7.3% | N/A |
2020 | N/A | -9.6% | 3.9% | N/A |
2019 | N/A | -60.4% | 12.0% | N/A |
DTFCX - Holdings
Concentration Analysis
DTFCX | Category Low | Category High | DTFCX % Rank | |
---|---|---|---|---|
Net Assets | 555 M | 770 K | 66.2 B | N/A |
Number of Holdings | 143 | 3 | 8426 | N/A |
Net Assets in Top 10 | 106 M | -122 M | 2.02 B | N/A |
Weighting of Top 10 | 19.23% | 2.5% | 100.0% | N/A |
Top 10 Holdings
- Oklahoma Transn Auth 6% 3.15%
- 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% 2.01%
- Fairfax Cnty Va Pub Impt 5% 1.93%
- Missouri St Hwys & Trans Commn First 5% 1.77%
- Brooklyn Arena Loc Dev Corp N Rev B 6.5% 1.72%
- San Antonio Tex Elec & Gas Rev Rev 5.25% 1.58%
- Railsplitter Tob Settlement Au Tob 6.25% 1.36%
- Golden St Tob Securitization C Tob 5.75% 1.35%
Asset Allocation
Weighting | Return Low | Return High | DTFCX % Rank | |
---|---|---|---|---|
Bonds | 93.65% | 17.56% | 101.83% | N/A |
Other | 6.35% | -1.53% | 30.00% | N/A |
Stocks | 0.00% | 0.00% | 0.01% | N/A |
Preferred Stocks | 0.00% | 0.00% | 9.32% | N/A |
Convertible Bonds | 0.00% | 0.00% | 2.58% | N/A |
Cash | 0.00% | -1.83% | 82.44% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | DTFCX % Rank | |
---|---|---|---|---|
Municipal | 93.65% | 0.00% | 112.93% | N/A |
Derivative | 0.00% | 0.00% | 0.01% | N/A |
Cash & Equivalents | 0.00% | -4.96% | 82.44% | N/A |
Securitized | 0.00% | 0.00% | 25.65% | N/A |
Corporate | 0.00% | 0.00% | 34.88% | N/A |
Government | 0.00% | -13.64% | 71.35% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DTFCX % Rank | |
---|---|---|---|---|
US | 93.65% | 17.56% | 101.37% | N/A |
Non US | 0.00% | 0.00% | 23.81% | N/A |
DTFCX - Expenses
Operational Fees
DTFCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.70% | 0.09% | 4.80% | N/A |
Management Fee | 0.54% | 0.00% | 0.65% | N/A |
12b-1 Fee | 1.00% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.34% | N/A |
Sales Fees
DTFCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 5.75% | N/A |
Deferred Load | 4.00% | 0.50% | 5.50% | N/A |
Trading Fees
DTFCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DTFCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 40.00% | 0.00% | 504.54% | N/A |
DTFCX - Distributions
Dividend Yield Analysis
DTFCX | Category Low | Category High | DTFCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.44% | N/A |
Dividend Distribution Analysis
DTFCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
DTFCX | Category Low | Category High | DTFCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.22% | 0.01% | 4.95% | N/A |
Capital Gain Distribution Analysis
DTFCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 23, 2014 | $0.036 | |
Aug 25, 2014 | $0.037 | |
Jul 23, 2014 | $0.037 | |
Jun 16, 2014 | $0.038 | |
May 23, 2014 | $0.037 | |
Apr 23, 2014 | $0.038 | |
Mar 24, 2014 | $0.034 | |
Feb 24, 2014 | $0.038 | |
Jan 23, 2014 | $0.038 | |
Dec 23, 2013 | $0.036 | |
Nov 25, 2013 | $0.037 | |
Oct 23, 2013 | $0.037 | |
Sep 23, 2013 | $0.038 | |
Aug 23, 2013 | $0.038 | |
Jul 23, 2013 | $0.038 | |
Jun 24, 2013 | $0.039 | |
May 23, 2013 | $0.033 | |
Apr 23, 2013 | $0.030 | |
Mar 25, 2013 | $0.027 | |
Feb 25, 2013 | $0.029 | |
Jan 24, 2013 | $0.030 | |
Dec 23, 2012 | $0.030 | |
Nov 23, 2012 | $0.033 | |
Oct 23, 2012 | $0.033 | |
Sep 24, 2012 | $0.034 | |
Aug 23, 2012 | $0.034 | |
Jul 23, 2012 | $0.033 | |
Jun 25, 2012 | $0.033 | |
May 23, 2012 | $0.033 | |
Apr 23, 2012 | $0.033 | |
Mar 23, 2012 | $0.031 | |
Feb 23, 2012 | $0.033 | |
Jan 23, 2012 | $0.033 | |
Dec 23, 2011 | $0.029 | |
Nov 23, 2011 | $0.034 | |
Oct 24, 2011 | $0.033 | |
Sep 23, 2011 | $0.035 | |
Aug 25, 2011 | $0.035 | |
Jul 25, 2011 | $0.033 | |
Jun 23, 2011 | $0.034 | |
May 23, 2011 | $0.032 | |
Apr 25, 2011 | $0.034 | |
Mar 23, 2011 | $0.031 | |
Feb 23, 2011 | $0.034 | |
Jan 24, 2011 | $0.038 | |
Dec 23, 2010 | $0.037 | |
Nov 23, 2010 | $0.038 | |
Oct 25, 2010 | $0.036 | |
Sep 23, 2010 | $0.038 | |
Aug 23, 2010 | $0.037 | |
Jul 23, 2010 | $0.037 | |
Jun 23, 2010 | $0.038 | |
May 24, 2010 | $0.036 | |
Apr 23, 2010 | $0.037 | |
Mar 23, 2010 | $0.033 | |
Feb 23, 2010 | $0.037 | |
Jan 25, 2010 | $0.037 | |
Dec 23, 2009 | $0.035 | |
Nov 23, 2009 | $0.037 | |
Oct 23, 2009 | $0.035 | |
Sep 23, 2009 | $0.036 | |
Aug 24, 2009 | $0.036 | |
Jul 23, 2009 | $0.034 | |
Jun 23, 2009 | $0.034 | |
May 26, 2009 | $0.032 | |
Apr 23, 2009 | $0.034 | |
Mar 23, 2009 | $0.030 | |
Feb 23, 2009 | $0.033 | |
Jan 23, 2009 | $0.033 | |
Dec 23, 2008 | $0.033 | |
Nov 24, 2008 | $0.033 | |
Oct 23, 2008 | $0.032 | |
Sep 23, 2008 | $0.033 | |
Aug 25, 2008 | $0.033 | |
Jul 23, 2008 | $0.032 | |
Jun 23, 2008 | $0.032 | |
May 23, 2008 | $0.031 | |
Apr 23, 2008 | $0.031 | |
Mar 24, 2008 | $0.030 | |
Feb 25, 2008 | $0.031 | |
Jan 22, 2008 | $0.032 | |
Dec 24, 2007 | $0.031 | |
Nov 27, 2007 | $0.032 | |
Oct 25, 2007 | $0.031 | |
Sep 26, 2007 | $0.032 | |
Aug 23, 2007 | $0.031 | |
Jul 23, 2007 | $0.031 | |
Jun 25, 2007 | $0.032 | |
May 23, 2007 | $0.031 | |
Apr 23, 2007 | $0.032 | |
Mar 23, 2007 | $0.029 | |
Feb 23, 2007 | $0.034 | |
Jan 23, 2007 | $0.033 | |
Dec 26, 2006 | $0.032 | |
Nov 24, 2006 | $0.032 | |
Oct 23, 2006 | $0.032 | |
Sep 25, 2006 | $0.032 | |
Aug 25, 2006 | $0.031 | |
Jul 24, 2006 | $0.030 | |
Jun 23, 2006 | $0.031 | |
May 23, 2006 | $0.030 | |
Apr 24, 2006 | $0.032 | |
Mar 23, 2006 | $0.029 | |
Feb 23, 2006 | $0.032 | |
Jan 23, 2006 | $0.031 | |
Nov 23, 2005 | $0.032 | |
Oct 24, 2005 | $0.031 | |
Sep 23, 2005 | $0.035 | |
Aug 23, 2005 | $0.034 | |
Jul 25, 2005 | $0.033 | |
Jun 23, 2005 | $0.033 | |
May 23, 2005 | $0.034 | |
Apr 25, 2005 | $0.037 | |
Mar 23, 2005 | $0.033 | |
Feb 23, 2005 | $0.036 | |
Jan 24, 2005 | $0.037 | |
Dec 23, 2004 | $0.036 | |
Nov 23, 2004 | $0.038 | |
Oct 25, 2004 | $0.036 | |
Sep 23, 2004 | $0.038 | |
Aug 23, 2004 | $0.038 | |
Jul 23, 2004 | $0.037 | |
Jun 23, 2004 | $0.038 | |
May 24, 2004 | $0.037 | |
Apr 23, 2004 | $0.038 | |
Mar 23, 2004 | $0.035 | |
Feb 23, 2004 | $0.038 | |
Jan 23, 2004 | $0.038 | |
Dec 23, 2003 | $0.037 | |
Nov 24, 2003 | $0.038 | |
Oct 23, 2003 | $0.037 | |
Sep 23, 2003 | $0.038 | |
Aug 25, 2003 | $0.038 | |
Jul 23, 2003 | $0.037 | |
Jun 23, 2003 | $0.038 | |
May 23, 2003 | $0.037 | |
Apr 23, 2003 | $0.038 | |
Mar 24, 2003 | $0.035 | |
Feb 24, 2003 | $0.039 | |
Jan 23, 2003 | $0.038 | |
Dec 23, 2002 | $0.037 | |
Nov 25, 2002 | $0.038 | |
Oct 23, 2002 | $0.037 | |
Sep 23, 2002 | $0.037 | |
Aug 23, 2002 | $0.038 | |
Jul 23, 2002 | $0.038 | |
Jun 24, 2002 | $0.040 | |
May 23, 2002 | $0.040 | |
Apr 23, 2002 | $0.043 | |
Mar 25, 2002 | $0.038 | |
Feb 25, 2002 | $0.042 | |
Jan 23, 2002 | $0.041 | |
Dec 24, 2001 | $0.040 | |
Nov 23, 2001 | $0.041 | |
Oct 23, 2001 | $0.040 | |
Sep 24, 2001 | $0.042 | |
Aug 23, 2001 | $0.042 | |
Jul 23, 2001 | $0.039 | |
Jun 25, 2001 | $0.042 | |
May 23, 2001 | $0.039 | |
Apr 23, 2001 | $0.041 | |
Mar 23, 2001 | $0.038 | |
Feb 23, 2001 | $0.042 | |
Jan 23, 2001 | $0.044 | |
Dec 26, 2000 | $0.042 | |
Nov 24, 2000 | $0.042 | |
Oct 23, 2000 | $0.042 | |
Sep 25, 2000 | $0.043 | |
Aug 23, 2000 | $0.042 | |
Jul 24, 2000 | $0.041 | |
Jun 23, 2000 | $0.042 | |
May 23, 2000 | $0.041 | |
Apr 24, 2000 | $0.043 | |
Mar 22, 2000 | $0.040 | |
Feb 23, 2000 | $0.046 | |
Jan 24, 2000 | $0.042 | |
Dec 23, 1999 | $0.042 | |
Nov 23, 1999 | $0.041 | |
Oct 25, 1999 | $0.041 | |
Sep 23, 1999 | $0.043 | |
Aug 23, 1999 | $0.041 | |
Jul 23, 1999 | $0.040 | |
Jun 23, 1999 | $0.042 | |
May 24, 1999 | $0.042 | |
Apr 23, 1999 | $0.043 | |
Mar 23, 1999 | $0.039 | |
Feb 23, 1999 | $0.045 | |
Jan 25, 1999 | $0.044 | |
Dec 23, 1998 | $0.041 | |
Nov 23, 1998 | $0.042 | |
Oct 23, 1998 | $0.040 | |
Sep 23, 1998 | $0.041 | |
Aug 24, 1998 | $0.042 | |
Jul 23, 1998 | $0.041 | |
Jun 23, 1998 | $0.042 | |
May 26, 1998 | $0.042 | |
Apr 23, 1998 | $0.044 | |
Mar 23, 1998 | $0.039 | |
Feb 23, 1998 | $0.043 | |
Jan 23, 1998 | $0.043 | |
Dec 23, 1997 | $0.041 | |
Nov 24, 1997 | $0.030 | |
Nov 03, 1997 | $0.043 | |
Oct 01, 1997 | $0.041 | |
Sep 02, 1997 | $0.053 | |
Aug 01, 1997 | $0.044 | |
Jul 01, 1997 | $0.043 | |
Jun 02, 1997 | $0.046 | |
May 01, 1997 | $0.047 | |
Apr 01, 1997 | $0.049 | |
Mar 03, 1997 | $0.044 | |
Feb 03, 1997 | $0.049 | |
Jan 02, 1997 | $0.051 | |
Dec 02, 1996 | $0.049 | |
Nov 01, 1996 | $0.051 | |
Oct 01, 1996 | $0.049 | |
Sep 03, 1996 | $0.050 | |
Aug 01, 1996 | $0.051 | |
Jul 01, 1996 | $0.049 | |
Jun 03, 1996 | $0.050 | |
May 01, 1996 | $0.045 | |
Apr 01, 1996 | $0.050 | |
Mar 01, 1996 | $0.047 | |
Feb 01, 1996 | $0.051 | |
Jan 02, 1996 | $0.051 | |
Dec 01, 1995 | $0.050 | |
Nov 01, 1995 | $0.052 | |
Oct 02, 1995 | $0.051 | |
Sep 01, 1995 | $0.054 | |
Aug 01, 1995 | $0.052 | |
Jul 03, 1995 | $0.052 | |
Jun 01, 1995 | $0.055 |
DTFCX - Fund Manager Analysis
Managers
Stephen J. Czepiel
Start Date
Tenure
Tenure Rank
Jul 16, 2007
7.13
7.1%
Czepiel is a senior vice president, senior municipal bond trader and head of municipal bond trading with Delaware Investments, his employer since July 2004. Previously, he was vice president at both Mesirow Financial and Loop Capital Markets. He began his career in the securities industry in 1982 as a municipal bond trader at Kidder Peabody and now has many years of experience in municipal securities trading.
Gregory A. Gizzi
Start Date
Tenure
Tenure Rank
Dec 28, 2012
1.67
1.7%
Gregory A. Gizzi is a member of the firm’s municipal fixed income portfolio management team. He is also a co-portfolio manager of the firm’s municipal bond funds and several client accounts. Before joining Delaware Investments in January 2008 as head of municipal bond trading, he spent six years as a vice president at Lehman Brothers for the firm’s tax-exempt institutional sales effort. Prior to that, he spent two years trading corporate bonds for UBS before joining Lehman Brothers in a sales capacity. Gizzi has more than 20 years of trading experience in the municipal securities industry, beginning at Kidder Peabody in 1984, where he started as a municipal bond trader and worked his way up to institutional block trading desk manager. He later worked in the same capacity at Dillon Read. Gizzi earned his bachelor’s degree in economics from Harvard University.
Joseph R. Baxter
Start Date
Tenure
Tenure Rank
May 22, 2003
11.28
11.3%
Baxter is a senior vice president and senior portfolio manager with Delaware Investments. Prior to joining Delaware Investments in 1999, he held investment positions with First Union.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.5 | 17.18 | 3.07 | 0.5 |