NYSE:DEX

Stock Analysis Report

Delaware Enhanced Global Dividend and Income Fund

Executive Summary

Delaware Enhanced Global Dividend and Income Fund is a closed ended balanced mutual fund launched by Delaware Management Holdings, Inc.


Snowflake Analysis

Share Price & News

How has Delaware Enhanced Global Dividend and Income Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DEX has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.1%

DEX

-1.5%

US Capital Markets

-1.1%

US Market


1 Year Return

8.4%

DEX

15.4%

US Capital Markets

17.8%

US Market

Return vs Industry: DEX underperformed the US Capital Markets industry which returned 15.4% over the past year.

Return vs Market: DEX underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

DEXIndustryMarket
7 Day-2.1%-1.5%-1.1%
30 Day-0.7%1.0%1.5%
90 Day3.6%3.9%6.6%
1 Year21.0%8.4%17.6%15.4%20.2%17.8%
3 Year29.6%-1.7%37.5%29.8%47.5%38.1%
5 Year40.7%-9.7%78.9%62.4%71.2%52.4%

Price Volatility Vs. Market

How volatile is Delaware Enhanced Global Dividend and Income Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Delaware Enhanced Global Dividend and Income Fund undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Delaware Enhanced Global Dividend and Income Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Delaware Enhanced Global Dividend and Income Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Delaware Enhanced Global Dividend and Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Delaware Enhanced Global Dividend and Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Delaware Enhanced Global Dividend and Income Fund performed over the past 5 years?

17.3%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Delaware Enhanced Global Dividend and Income Fund has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is Delaware Enhanced Global Dividend and Income Fund's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Delaware Enhanced Global Dividend and Income Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Delaware Enhanced Global Dividend and Income Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is Delaware Enhanced Global Dividend and Income Fund's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate DEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate DEX's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DEX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DEX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DEX's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?

12.1yrs

Average management tenure


CEO

Delaware Enhanced Global Dividend and Income Fund has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Damon Andres
Portfolio Manager12.7yrsno datano data
Edward Gray
Portfolio Manager11.6yrsno datano data
Roger Early
Portfolio Manager12.1yrsno datano data
Francis Morris
Chief Investment Officer of Core Equity & Senior VP0yrsno datano data
D. Nutt
Portfolio Manager12.7yrsno datano data
Babak Zenouzi
Portfolio Manager12.7yrsno datano data
Wayne Anglace
Portfolio Manager9.9yrsno datano data
Liu-Er Chen
Portfolio Manager12.7yrsno datano data
Paul Matlack
Portfolio Manager7.2yrsno datano data
Craig Dembek
Portfolio Manager7.2yrsno datano data

12.1yrs

Average Tenure

59yo

Average Age

Experienced Management: DEX's management team is seasoned and experienced (12.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Joseph Chow
Independent Director7.1yrsUS$920.00no data
Thomas Whitford
Independent Director7.1yrsUS$883.00no data
John Fry
Independent Director19.1yrsUS$3.09kno data
Janet Yeomans
Independent Director20.8yrsUS$3.51kno data
Joseph Zecher
Independent Director14.9yrsUS$3.13kno data
Lucinda Landreth
Independent Director14.9yrsUS$3.51kno data
Thomas Bennett
Chairman4.9yrsUS$3.44kno data
Frances Sevilla-Sacasa
Independent Director8.4yrsUS$3.13kno data

11.7yrs

Average Tenure

68.5yo

Average Age

Experienced Board: DEX's board of directors are seasoned and experienced ( 11.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Delaware Enhanced Global Dividend and Income Fund's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Delaware Enhanced Global Dividend and Income Fund
  • 2005 Market Street
  • One Commerce Square
  • Philadelphia
  • Pennsylvania
  • 19103-7094
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DEXNYSE (New York Stock Exchange)YesCOMUSUSDJun 2007

Biography

Delaware Enhanced Global Dividend and Income Fund is a closed ended balanced mutual fund launched by Delaware Management Holdings, Inc. The fund is managed by Delaware Management Business Trust. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors. It primarily invests in dividend paying stocks of large-cap companies. For its fixed income portion, the fund invests in debt securities such as government bonds, investment grade and high risk, high yield corporate bonds, and convertible bonds. It also invests in emerging market securities. The fund benchmarks the performance of its portfolio against 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. Delaware Enhanced Global Dividend and Income Fund was formed on June 29, 2007 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 02:37
End of Day Share Price2020/02/21 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.