Delaware Investments National Municipal Income Fund

Delaware Investments National Municipal Income Fundverified

VFL

Price:

$10.095

Market Cap:

$123.95M

Delaware Investments National Municipal Income Fund is a closed-ended fixed income mutual fund launched by Delaware Management Holdings, Inc. The fund is managed by Delaware Management Business Trust. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal obligations, the income from which is exempt from federal income taxes. Its investments include airport revenue bonds, escrowed to maturity bonds, hospital revenue bonds, pre-refunded bonds, public power revenue bonds, school district general obligation bonds, and short term investments. The fund benchmarks the performance of its portfolio against the Barclays Municipal Bond Ind...[Read more]

Industry

Asset Management - Income

IPO Date

1993-02-19

Stock Exchange

NYSE

Ticker

VFL

The ROE as of December 2024 (TTM) for Delaware Investments National Municipal Income Fund (VFL) is -23.62%

According to Delaware Investments National Municipal Income Fund’s latest financial reports and current stock price. The company's current ROE is -23.62%. This represents a change of 2.62% compared to the average of -0.87% of the last 4 quarters.

Delaware Investments National Municipal Income Fund (VFL) Historical ROE (quarterly & annually)

How has VFL ROE performed in the past?

The mean historical ROE of Delaware Investments National Municipal Income Fund over the last ten years is -1.01%. The current -23.62% ROE has changed 2.25% with respect to the historical average. Over the past ten years (40 quarters), VFL's ROE was at its highest in in the March 2023 quarter at 12.48%. The ROE was at its lowest in in the September 2023 quarter at -12.69%.

Quarterly (TTM)
Annual

Average

-1.01%

Median

2.09%

Minimum

-25.38%

Maximum

12.93%

Delaware Investments National Municipal Income Fund (VFL) ROE by Quarter and Year

Discovering the peaks and valleys of Delaware Investments National Municipal Income Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 277.52%

Maximum Annual ROE = 12.93%

Minimum Annual Increase = -4462.18%

Minimum Annual ROE = -25.38%

Quarterly (TTM)
Annual
YearROEChange
2023-25.38%38.35%
2023-18.34%277.52%
2022-4.86%-142.53%
202111.42%-4462.18%
2020-0.26%-105.36%
20194.88%11.27%
20184.39%-2187.01%
2017-0.21%-103.92%
20165.36%-58.53%
201512.93%-478.60%

Delaware Investments National Municipal Income Fund (VFL) Average ROE

How has VFL ROE performed in the past?

The current ROE of Delaware Investments National Municipal Income Fund (VFL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-16.19%

5-year avg

-7.48%

10-year avg

-1.01%

Delaware Investments National Municipal Income Fund (VFL) ROE vs. Peers

How is VFL’s ROE compared to its peers?

Delaware Investments National Municipal Income Fund’s ROE is less than MFS Investment Grade Municipal Trust (2.17%), less than Eaton Vance National Municipal Opportunities Trust (11.25%), greater than BlackRock MuniVest Fund II, Inc. (-1.05%), greater than DTF Tax-Free Income 2028 Term Fund Inc. (-1.34%), less than MFS High Income Municipal Trust (4.73%), less than DWS Municipal Income Trust (3.59%), greater than BlackRock MuniYield Quality Fund, Inc. (-0.89%), less than BlackRock Municipal Income Fund, Inc. (0.27%), less than BlackRock MuniHoldings Quality Fund II, Inc. (5.53%), less than Ellsworth Growth and Income Fund Ltd. (6.71%), less than RENN Fund, Inc. (7.44%), less than Nuveen New Jersey Quality Municipal Income Fund (6.59%), less than John Hancock Hedged Equity & Income Fund (8.11%), less than Eaton Vance New York Municipal Income Trust (4.98%), less than Neuberger Berman Municipal Fund Inc. (5.45%), less than PIMCO New York Municipal Income Fund III (3.43%), less than Nuveen AMT-Free Municipal Value Fund (3.19%), less than BlackRock MuniVest Fund, Inc. (5.73%), less than Credit Suisse Asset Management Income Fund, Inc. (13.23%),

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