Mutual Fund Insights: Delaware Tax-Free MN C Fund (DMOCX)

In-depth Analysis of Delaware Tax-Free MN C Fund (DMOCX)

3 months 6 months 1 year 3 year 5 year

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

  

Last Trade: $12.50 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Joseph R. Baxter

Fund Manager Tenure: 2.7 years   [Similar Funds: DMOBX ]
Fundmojo Fund Grade: D (Score: 0.44)     (What does this score mean?)

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.  Get more insights on Joseph R. Baxter

  

 What we like about Delaware Tax-Free MN C Fund (DMOCX)

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

• Delaware Tax-Free MN C Fund (DMOCX) has good short-term performance (1-year return 9.23% vs 11.06 % Muni Minnesota category average)
• Delaware Tax-Free MN C Fund (DMOCX) ratio of up-years vs down years is greater than 2
• Delaware Tax-Free MN C Fund (DMOCX) is less volatile than its peers as it has a 3-year Standard Deviation of 5.56, lower than category average of 6.46

  

 What we are cautious about Delaware Tax-Free MN C Fund (DMOCX)

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

• Delaware Tax-Free MN C Fund (DMOCX) management has been with Delaware Tax-Free MN C 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 C Fund (DMOCX) has a less-than-ideal mid-term performance (3-year return 3.08% vs 3.34 % Muni Minnesota category average)
• Delaware Tax-Free MN C Fund (DMOCX) has a less-than-ideal Long-term performance (5-year return 3.37% vs 3.74 % Muni Minnesota category average)
• Delaware Tax-Free MN C Fund (DMOCX) has a Morningstar rating of 3 and below
• Delaware Tax-Free MN C Fund (DMOCX) is less safe compared to its Muni Minnesota peers
• Delaware Tax-Free MN C Fund (DMOCX) 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 C is more nimble, but also signal potential high tax impact and high trading fees
• Delaware Tax-Free MN C Fund (DMOCX) does not have a good risk adjusted return as its 3-year Alpha of -1.23 is worse than category average of -1.08, and its 3-year Sharpe ratio is 0.24
• Delaware Tax-Free MN C Fund (DMOCX) has a higher management fee of 1.68% than its Muni Minnesota average of 1.12%
• Delaware Tax-Free MN C Fund (DMOCX) carries a 1% load

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

  

  

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Delaware Tax-Free MN C Fund (DMOCX) Net Asset

Track net asset change of Delaware Tax-Free MN C fund (DMOCX)

Date	Net Asset
02/2010	$621.14M
01/2010	$36.04M
11/2009	$35.21M

More historic net asset information on Delaware Tax-Free MN C Fund (DMOCX)

  

Delaware Tax-Free MN C Fund (DMOCX) Portfolio Allocation

Track portfolio allocation change of Delaware Tax-Free MN C fund (DMOCX)

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 C Fund (DMOCX)

  

Most Recent Top 10 Holdings in Delaware Tax-Free MN C Fund (DMOCX)

Discover what Delaware Tax-Free MN C Fund (DMOCX) 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 Dakota & Wash Cntys Minn Hsg & Si 8.375% [3.34%] Minneapolis Minn Health Care S Rev 5.75% [3.3%] Minneapolis Minn Health Care S Re 5.625% [3.19%] Minnesota St G.O. Stat 5% [2.37%] Univ Minn Univ Bds 5.5% [2.36%] Dakota & Wash Cntys Minn Hsg & Sin 8.45% [2.11%] Duluth Minn Econ Dev Auth 5.25% [1.9%] Farmington Minn Indpt Sch Dist 5% [1.86%] St Louis Park Minn Health Care Rev 5.25% [1.79%] Southern Minn Mun Pwr Agy Pwr Rev 5.25% [1.62%]

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 C Fund (DMOCX)

  

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Latest News on Delaware Tax-Free MN C (DMOCX)

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Books and Resources

 

 

See more information on Delaware Tax-Free MN C Fund (DMOCX)

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