Vmbook Online ordering

Delaware Enhanced Global Divide

Delaware Enhanced Global Dividend and Income Fund (DEX) is a publicly traded closed-end fund that invests in a diversified portfolio of dividend-paying stocks and income-generating securities. The fund's primary objective is to provide a high level of current income and, secondarily, long-term capital appreciation.

Here are some key facts about Delaware Enhanced Global Dividend and Income Fund:

1. Ticker Symbol: DEX

2. Exchange: New York Stock Exchange (NYSE)

3. Fund Type: Closed-end fund

4. Inception Date: March 28, 2003

5.Total Net Assets: As of March 2023, the fund's total net assets were approximately $1.3 billion.

6. Investment Manager: The fund's investment manager is Delaware Investments, a registered investment adviser that manages over $200 billion in assets.

7. Investment Strategy: The fund's investment strategy focuses on identifying undervalued dividend-paying stocks and income-generating securities across various industries and geographies. The fund's portfolio is diversified across various sectors, including energy, consumer staples, healthcare, technology, and financials.

8. Dividend Policy: The fund pays a monthly dividend to its shareholders. The dividend amount varies based on the fund's performance, but the fund has a history of paying consistent dividends since its inception.

9. Low Cost: The fund's expense ratio is approximately 1.3%, which is considered low compared to other closed-end funds with similar investment objectives.

10. Distribution Yield: As of March 2023, the fund's distribution yield was around 10.6%, which is higher than the industry average for global dividend-focused closed-end funds.

11. Portfolio Holdings: The fund's portfolio consists of a diversified mix of dividend-paying stocks and income-generating securities, including common stocks, preferred stocks, and corporate bonds. Some of its top holdings include Microsoft, Johnson & Johnson, Procter & Gamble, Coca-Cola, and AT&T.

12. Performance: The fund has delivered a strong track record of performance, outperforming its benchmark index, the S&P 500 Index, over the long term. Its annualized returns over the past five years were around 14%, which is higher than the industry average for global dividend-focused closed-end funds.

Overall, Delaware Enhanced Global Dividend and Income Fund (DEX) offers income-focused investors a high-yielding, diversified portfolio of dividend-paying stocks and income-generating securities, with a strong track record of performance and a low-cost structure. However, it's essential to note that the fund's past performance is not a guarantee of future results, and investors should consider their individual financial goals, risk tolerance, and investment horizon before investing in the fund.