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Delaware Enhanced Global Dividend &ome Fund (Delaware Enhanced Global Dividend &ome Fund) Momentum Rank : 0 (As of May. 13, 2024)


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What is Delaware Enhanced Global Dividend &ome Fund Momentum Rank?

Delaware Enhanced Global Dividend &ome Fund has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Delaware Enhanced Global Dividend &ome Fund Momentum Rank Related Terms

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

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Delaware Enhanced Global Dividend & Income Fund (NYSE:DEX) » Definitions » Momentum Rank
Comparable Companies
JPT PGP TPZ PFX PNI GLV SRV HNW DTF NXC BLK BX OSTO:INVE A TSX:BN KKR BK APO AMP STT OSTO:EQT
Traded in Other Exchanges
N/A
Address
610 Market Street, Philadelphia, PA, USA, 19106
Website
https://www.delawarefunds.com
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