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Delaware Enhanced Global Dividend &ome Fund (Delaware Enhanced Global Dividend &ome Fund) 12-1 Month Momentum % : -1.21% (As of May. 07, 2024)


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What is Delaware Enhanced Global Dividend &ome Fund 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-07), Delaware Enhanced Global Dividend &ome Fund's 12-1 Month Momentum % is -1.21%.

The industry rank for Delaware Enhanced Global Dividend &ome Fund's 12-1 Month Momentum % or its related term are showing as below:

DEX's 12-1 Month Momentum % is not ranked
in the Asset Management industry.
Industry Median: 1.6 vs DEX: -1.21

Competitive Comparison of Delaware Enhanced Global Dividend &ome Fund's 12-1 Month Momentum %

For the Asset Management subindustry, Delaware Enhanced Global Dividend &ome Fund's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Delaware Enhanced Global Dividend &ome Fund's 12-1 Month Momentum % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Delaware Enhanced Global Dividend &ome Fund's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Delaware Enhanced Global Dividend &ome Fund's 12-1 Month Momentum % falls into.



Delaware Enhanced Global Dividend &ome Fund  (NYSE:DEX) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Delaware Enhanced Global Dividend &ome Fund  (NYSE:DEX) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Delaware Enhanced Global Dividend &ome Fund 12-1 Month Momentum % Related Terms

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Delaware Enhanced Global Dividend &ome Fund (Delaware Enhanced Global Dividend &ome Fund) Business Description

Traded in Other Exchanges
N/A
Address
610 Market Street, Philadelphia, PA, USA, 19106
Delaware Enhanced Global Dividend & Income Fund is a diversified closed-end management investment company. Its investment objective is to seek current income, while its secondary objective is capital appreciation. The Fund seeks to achieve its objectives by focusing on broad diversification within its portfolio by investing globally in dividend-paying or income-generating securities across multiple asset classes.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Sandra Aj Lawrence director C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Harry Jeffrey Dobbs director 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Joseph Jr Harroz director 2511 MCGEE DRIVE, NORMAN OK 73072-6704
Wayne A Anglace officer: VP/Portfolio Manager C/O DELAWARE INVESTMENTS, 2005 MARKET STREET, PHILADELPHIA PA 19103
Michael Wildstein officer: Head of Credit&Insurance/PM 610 MARKET STREET, PHILADELPHIA PA 19106
Scot F Thompson officer: Portfolio Manager 100 INDEPENDENCE, 610 MARKET STREET, PHILADELPHIA PA 19106
Benjamin Leung officer: Portfolio Manager 100 INDEPENDENCE, 610 MARKET STREET, PHILADELPHIA PA 19106
Stefan Loewenthal officer: Portfolio Manager 100 INDEPENDENCE, 610 MARKET STREET, PHILADELPHIA PA 19106
Juergen Wurzer officer: Portfolio Manager 100 INDEPENDENCE, 610 MARKET STREET, PHILADELPHIA PA 19106
Christopher Gowlland officer: Portfolio Manager 2005 MARKET STREET, PHILADELPHIA PA 19103
Klaus Petersen officer: PM - Global Equity Team 2005 MARKET STREET, PHILADELPHIA PA 19103
Jens Hansen officer: CIO - Global Equity Team 2005 MARKET STREET, PHILADELPHIA PA 19103
Asa Annerstedt other: Portfolio Manager - Global Equ 2005 MARKET STREET, PHILADELPHIA PA 19103
Claus Juul other: Portfolio Manager - Global Equ 2005 MARKET STREET, PHILADELPHIA PA 19103

Delaware Enhanced Global Dividend &ome Fund (Delaware Enhanced Global Dividend &ome Fund) Headlines