VFL (Delaware Investments Natl Muniome) Shareholder Yield % : 5.82% (As of Mar. 2026) — 24% Above Median

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VFL Delaware Investments Natl Muni Income VFL
32 GF Score
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What is Delaware Investments Natl Muniome Shareholder Yield %?

Delaware Investments Natl Muniome VFL -0.58% 32 Shareholder Yield % is 5.82% as of Mar. 2026, which is 24% above its 10-year median of 4.69. GuruFocus rates VFL with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,487 Asset Management companies, Delaware Investments Natl Muniome ranks better than 58.24% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Delaware Investments Natl Muniome's Shareholder Yield % was 5.82%.


Delaware Investments Natl Muniome  (AMEX:VFL) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Delaware Investments Natl Muniome Shareholder Yield % Related Terms


Delaware Investments Natl Muniome Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Delaware Investments Natl Muniome's Shareholder Yield % 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 Shareholder Yield % Chart

Delaware Investments Natl Muniome Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep24 Sep25
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.89 4.99 5.06 4.34 5.85

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
Shareholder Yield % 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 4.15 4.34 5.67 5.85 6.02

VFL vs WEA, JHS, NMT: Shareholder Yield % Comparison

For the Asset Management subindustry, Delaware Investments Natl Muniome's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % 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 Shareholder Yield % vs Asset Management Industry

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

* The bar in red indicates where Delaware Investments Natl Muniome's Shareholder Yield % falls into.


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

Delaware Investments Natl Muniome's Shareholder Yield % for the quarter that ended in Mar. 2026 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=6.02 %+0.00 %+0 %
=6.02 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 5.82% mean?
Delaware Investments Natl Muniome (VFL) has a Shareholder Yield % of 5.82% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Delaware Investments Natl Muniome and its competitors. This is 24% above median its historical median of 4.69. Over the past decade, Delaware Investments Natl Muniome's Shareholder Yield % has ranged from 3.69 to 6.02. According to the industry distribution chart, Delaware Investments Natl Muniome ranks #621 out of 1487 companies in the Asset Management industry, placing it in the top 41.8%.
Is Delaware Investments Natl Muniome's Shareholder Yield % too high?
Delaware Investments Natl Muniome's current Shareholder Yield % of 5.82% is 24% above median its 10-year median of 4.69. Over the past 10 years, this metric has ranged from a low of 3.69 to a high of 6.02. The Asset Management industry median Shareholder Yield % is 4.04. Delaware Investments Natl Muniome's value of 5.82% is 44.1% above this industry median. Based on the distribution chart, Delaware Investments Natl Muniome ranks #621 out of 1487 companies in the Asset Management industry, which is above 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 Shareholder Yield % compare to WEA and JHS?
According to the Asset Management industry distribution chart, Delaware Investments Natl Muniome ranks #621 out of 1487 companies for Shareholder Yield %. This puts Delaware Investments Natl Muniome in the upper half of its industry. The industry median Shareholder Yield % is 4.04. Delaware Investments Natl Muniome's value of 5.82% is 44.1% above this benchmark. Historically, Delaware Investments Natl Muniome's own Shareholder Yield % has ranged from 3.69 to 6.02 over the past decade. While the company's 10-year median is 4.69 vs. the industry median of 4.04, Delaware Investments Natl Muniome has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for an Asset Management company?
The median Shareholder Yield % among Asset Management companies is 4.04, based on 1,487 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delaware Investments Natl Muniome's current Shareholder Yield % of 5.82% is 44.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Delaware Investments Natl Muniome and its competitors. For the Asset Management industry, the median Shareholder Yield % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delaware Investments Natl Muniome's current Shareholder Yield % is 5.82%, which is 24% above median its own 10-year median of 4.69. 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 Shareholder Yield % of 5.82%. The current Shareholder Yield % is 5.82%, which is 24% above median its 10-year median of 4.69 and 44.1% above the Asset Management industry median of 4.04. 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 Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Delaware Investments Natl Muniome (VFL), the current Shareholder Yield % is 5.82% 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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