Delaware Enhanced Global Dividend and Income Fund (DEX)
Delaware Enhanced Global Dividend and Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Philadelphia, PA, US. The stock last traded at $7.56, down 0.79% on the session, giving a market capitalisation of $80.3M. On trailing twelve-month figures it carries a trailing P/E of -7.00, a net margin of 106.3%. Its beta of 0.00 implies it has historically moved less than the broad market.
The Delaware Enhanced Global Dividend and Income Fund functions as a closed-end balanced mutual fund. It was initiated by Delaware Management Holdings, Inc. and falls under the management of Delaware Management Business Trust. The fund pursues a strategy of investing in publicly traded stocks and debt instruments across global markets. Its investment approach targets a diverse array of companies spanning various sectors, with a primary emphasis on dividend-yielding shares from large-capitalization corporations. For its fixed-income holdings, the fund includes a range of debt securities such as government bonds, both investment-grade and high-risk/high-yield corporate bonds, and convertible bonds. Furthermore, it allocates capital to securities within emerging economies. To assess its performance, the fund measures its portfolio's returns against several key benchmarks: the S&P 500 Index, the Lipper Closed-End Global Funds Average, the FTSE EPRA/NAREIT Developed Index, and the BoFA Merrill Lynch U.S. High Yield Constrained Index. This fund commenced operations on June 29, 2007, and is based in the United States.
Delaware Enhanced Global Dividend and Income Fund is most often compared with the following Financial Services names: