Mutual Fund Insights: Delaware Tax-Free MN A Fund (DEFFX)

In-depth Analysis of Delaware Tax-Free MN A Fund (DEFFX)

3 months 6 months 1 year 3 year 5 year

See Delaware Tax-Free MN A Fund (DEFFX) performance details as of February 28, 2010

  

Last Trade: $12.46 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Stephen J. Czepiel

Fund Manager Tenure: 2.7 years
Fundmojo Fund Grade: C (Score: 0.54)     (What does this score mean?)

Stephen J. 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, Stephen J. Czepiel was vice president at both Mesirow Financial and Loop Capital Markets. Stephen J. Czepiel began his career in the securities industry in 1982 as a municipal bond trader at Kidder Peabody and now has more than 20 years of experience in municipal securities trading.  Get more insights on Stephen J. Czepiel

  

 What we like about Delaware Tax-Free MN A Fund (DEFFX)

Data for Delaware Tax-Free MN A Fund (DEFFX) as of February 28, 2010

• Delaware Tax-Free MN A Fund (DEFFX) has good mid-term performance (3-year return 3.86% vs 3.34 % Muni Minnesota category average)
• Delaware Tax-Free MN A Fund (DEFFX) has good Long-term performance (5-year return 4.14% vs 3.74 % Muni Minnesota category average)
• Delaware Tax-Free MN A Fund (DEFFX) ratio of up-years vs down years is greater than 2
• Delaware Tax-Free MN A Fund (DEFFX) is less volatile than its peers as it has a 3-year Standard Deviation of 5.61, lower than category average of 6.46
• Delaware Tax-Free MN A Fund (DEFFX) has a lower management fee than its Muni Minnesota average: 0.93% vs 1.12%

  

 What we are cautious about Delaware Tax-Free MN A Fund (DEFFX)

Data for Delaware Tax-Free MN A Fund (DEFFX) as of February 28, 2010

• Delaware Tax-Free MN A Fund (DEFFX) management has been with Delaware Tax-Free MN A Fund for only 2.7 years, it is hard to judge manager's ability based on this fund's operation record
• Delaware Tax-Free MN A Fund (DEFFX) has a less-than-ideal short-term performance (1-year return 10.06% vs 11.06 % Muni Minnesota category average)
• Delaware Tax-Free MN A Fund (DEFFX) has a Morningstar rating of 3 and below
• Delaware Tax-Free MN A Fund (DEFFX) has an annual stock turnover rate of 20.00% that is higher than the Muni Minnesota average of 19.58%. This could mean Delaware Tax-Free MN A is more nimble, but also signal potential high tax impact and high trading fees
• Delaware Tax-Free MN A Fund (DEFFX) carries a 4.5% load

See Delaware Tax-Free MN A Fund (DEFFX) performance details as of February 28, 2010

  

  

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Delaware Tax-Free MN A Fund (DEFFX) Net Asset

Track net asset change of Delaware Tax-Free MN A fund (DEFFX)

Date	Net Asset
02/2010	$621.14M
01/2010	$570.83M
11/2009	$568.31M

More historic net asset information on Delaware Tax-Free MN A Fund (DEFFX)

  

Delaware Tax-Free MN A Fund (DEFFX) Portfolio Allocation

Track portfolio allocation change of Delaware Tax-Free MN A fund (DEFFX)

Date	Cash	Stock	Bond	Other
09/2009	1.78%	0%	98.22%	0%
06/2009	2.28%	0%	97.72%	0%
03/2009	2.55%	0%	97.45%	0%

Click here to see more historic asset allocation information on Delaware Tax-Free MN A Fund (DEFFX)

  

Most Recent Top 10 Holdings in Delaware Tax-Free MN A Fund (DEFFX)

Discover what Delaware Tax-Free MN A Fund (DEFFX) manager is buying

30-Sep-09 Dakota & Wash Cntys Minn Hsg & Si 8.375% [3.37%] Minneapolis Minn Health Care S Rev 5.75% [3.19%] Minneapolis Minn Health Care S Re 5.625% [3.08%] Univ Minn Univ Bds 5.5% [2.42%] Minnesota St G.O. Stat 5% [2.31%] Dakota & Wash Cntys Minn Hsg & Sin 8.45% [2.1%] Farmington Minn Indpt Sch Dist 5% [1.87%] Duluth Minn Econ Dev Auth 5.25% [1.85%] St Louis Park Minn Health Care Rev 5.25% [1.74%] Minneapolis Minn Health Care S Hlth C 5% [1.73%]

30-Jun-09 Minneapolis Minn Health Care S Rev 5.75% [3.4%] Dakota & Wash Cntys Minn Hsg & Si 8.375% [3.36%] Minneapolis Minn Health Care S Re 5.625% [3.28%] Minnesota St G.O. Stat 5% [2.42%] Univ Minn Univ Bds 5.5% [2.37%] Dakota & Wash Cntys Minn Hsg & Sin 8.45% [2.15%] Duluth Minn Econ Dev Auth 5.25% [1.95%] Farmington Minn Indpt Sch Dist 5% [1.86%] St Louis Park Minn Health Care Rev 5.25% [1.85%] Duluth Minn Econ Dev Auth 5.25% [1.66%]

31-Mar-09 Minneapolis Minn Health Care S Rev 5.75% [3.4%] Dakota & Wash Cntys Minn Hsg & Si 8.375% [3.36%] Minneapolis Minn Health Care S Re 5.625% [3.28%] Minnesota St G.O. Stat 5% [2.42%] Univ Minn Univ Bds 5.5% [2.37%] Dakota & Wash Cntys Minn Hsg & Sin 8.45% [2.15%] Duluth Minn Econ Dev Auth 5.25% [1.95%] Farmington Minn Indpt Sch Dist 5% [1.86%] St Louis Park Minn Health Care Rev 5.25% [1.85%] Duluth Minn Econ Dev Auth 5.25% [1.66%]

Click here for Stock Holding Change Map in Delaware Tax-Free MN A Fund (DEFFX)

  

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Latest News on Delaware Tax-Free MN A (DEFFX)

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Books and Resources

 

 

See more information on Delaware Tax-Free MN A Fund (DEFFX)

• Delaware Tax-Free MN A Fund Insights
• Delaware Tax-Free MN A Fund Performance Data
• Delaware Tax-Free MN A Fund News
• Delaware Tax-Free MN A Fund Score Explaination
• Delaware Tax-Free MN A Fund Manager Information
• Historic Delaware Tax-Free MN A Fund Asset Allocation Report
• Historic Delaware Tax-Free MN A Fund Top 10 Holding Tracking
• Historic Delaware Tax-Free MN A Fund Asset Under Management Tracking