VFL (Delaware Investments Natl Muniome) 10-Year RORE % : -11.05% (As of Mar. 2026)

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VFL Delaware Investments Natl Muni Income VFL
32 GF Score
Price $10.31
! 4 Warning Signs
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What is Delaware Investments Natl Muniome 10-Year RORE %?

Delaware Investments Natl Muniome VFL -0.58% 32 10-Year RORE % is -11.05 as of Mar. 2026. GuruFocus rates VFL with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 890 Asset Management companies, Delaware Investments Natl Muniome ranks worse than 72.58% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Delaware Investments Natl Muniome's 10-Year RORE % for the quarter that ended in Mar. 2026 was -11.05%.

The industry rank for Delaware Investments Natl Muniome's 10-Year RORE % or its related term are showing as below:

VFL's 10-Year RORE % is ranked worse than
72.58% of 890 companies
in the Asset Management industry
Industry Median: 7.43 vs VFL: -11.05

Delaware Investments Natl Muniome  (AMEX:VFL) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Delaware Investments Natl Muniome 10-Year RORE % Related Terms


Delaware Investments Natl Muniome 10-Year RORE % Historical Data

* Premium members only.

The historical data trend for Delaware Investments Natl Muniome's 10-Year RORE % can be seen below:

* 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 Investments Natl Muniome 10-Year RORE % Chart

Delaware Investments Natl Muniome Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep24 Sep25
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.17 -574.36 10.18 -242.15 97.66

Delaware Investments Natl Muniome Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
10-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 588.79 -242.15 42.68 97.66 -11.05

VFL vs WEA, JHS, NMT: 10-Year RORE % Comparison

For the Asset Management subindustry, Delaware Investments Natl Muniome's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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 Investments Natl Muniome 10-Year RORE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Delaware Investments Natl Muniome's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Delaware Investments Natl Muniome's 10-Year RORE % falls into.


VFL
32GF Score
Delaware Investments Natl Muni Income VFL
10-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Delaware Investments Natl Muniome 10-Year RORE % Calculation

Delaware Investments Natl Muniome's 10-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 0.234--0.032 )/( 2.949-5.357 )
=0.266/-2.408
=-11.05 %

* 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.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 10-year before.

Frequently Asked Questions Learn more about 10-Year RORE % →
What does a 10-Year RORE % of -11.05 mean?
Delaware Investments Natl Muniome (VFL) has a 10-Year RORE % of -11.05 as of Mar. 2026. 10-Year RORE % shows how much a company earns by reinvesting its retained earnings in 10-year. View historical data on Delaware Investments Natl Muniome and its competitors. According to the industry distribution chart, Delaware Investments Natl Muniome ranks #646 out of 890 companies in the Asset Management industry, placing it in the top 72.6%.
Is Delaware Investments Natl Muniome's 10-Year RORE % too high?
Delaware Investments Natl Muniome's current 10-Year RORE % is -11.05. Based on the distribution chart, Delaware Investments Natl Muniome ranks #646 out of 890 companies in the Asset Management industry, which is below the industry midpoint. Overall, Delaware Investments Natl Muniome has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Delaware Investments Natl Muniome's 10-Year RORE % compare to WEA and JHS?
According to the Asset Management industry distribution chart, Delaware Investments Natl Muniome ranks #646 out of 890 companies for 10-Year RORE %. This places Delaware Investments Natl Muniome in the lower half of its industry. The industry median 10-Year RORE % is 7.43. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year RORE % for an Asset Management company?
The median 10-Year RORE % among Asset Management companies is 7.43, based on 890 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 10-Year RORE % mean?
A high 10-Year RORE % can signal that a stock is expensive relative to its fundamentals. 10-Year RORE % shows how much a company earns by reinvesting its retained earnings in 10-year. View historical data on Delaware Investments Natl Muniome and its competitors. For the Asset Management industry, the median 10-Year RORE % is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delaware Investments Natl Muniome's current 10-Year RORE % is -11.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delaware Investments Natl Muniome stock overvalued right now?
Delaware Investments Natl Muniome (VFL) has a current 10-Year RORE % of -11.05. The current 10-Year RORE % is -11.05. Delaware Investments Natl Muniome's overall GF Score™ is 32/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year RORE % calculated?
10-Year RORE % is calculated from a company's financial statements. For Delaware Investments Natl Muniome (VFL), the current 10-Year RORE % is -11.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Delaware Investments Natl Muniome Business Description

Address 1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
Delaware Investments Natl Muni Income is a closed-end investment fund. The Fund's investment objective is to seek to provide current income exempt from regular federal income tax, consistent with the preservation of capital. The company's product portfolio includes Mutual funds, Exchange-traded funds, Private markets, and Closed-end funds.
32GF Score

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10-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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