Delaware Investments National Municipal Income Fund to Issue Monthly Dividend of $0.05 (NYSE:VFL)

Delaware Investments National Municipal Income Fund (NYSE:VFLGet Rating) announced a monthly dividend on Thursday, April 7th, Wall Street Journal reports. Investors of record on Friday, April 22nd will be paid a dividend of 0.045 per share on Friday, April 29th. This represents a $0.54 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date of this dividend is Thursday, April 21st.

Shares of VFL opened at $12.08 on Tuesday. The business’s 50-day moving average is $12.75. Delaware Investments National Municipal Income Fund has a 52-week low of $11.97 and a 52-week high of $14.50.

In other Delaware Investments National Municipal Income Fund news, major shareholder Saba Capital Management, L.P. purchased 20,000 shares of the stock in a transaction on Tuesday, March 1st. The shares were purchased at an average price of $13.24 per share, with a total value of $264,800.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. In the last ninety days, insiders acquired 373,854 shares of company stock worth $4,753,482. Insiders own 1.00% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Morgan Stanley grew its holdings in shares of Delaware Investments National Municipal Income Fund by 18.7% during the 2nd quarter. Morgan Stanley now owns 127,494 shares of the company’s stock valued at $1,802,000 after purchasing an additional 20,130 shares during the last quarter. UBS Group AG grew its holdings in shares of Delaware Investments National Municipal Income Fund by 16.6% during the 3rd quarter. UBS Group AG now owns 50,298 shares of the company’s stock valued at $710,000 after purchasing an additional 7,168 shares during the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of Delaware Investments National Municipal Income Fund by 0.9% during the 4th quarter. Wells Fargo & Company MN now owns 124,846 shares of the company’s stock valued at $1,763,000 after purchasing an additional 1,171 shares during the last quarter. Hedge funds and other institutional investors own 24.71% of the company’s stock.

Delaware Investments National Municipal Income Fund Company Profile (Get Rating)

Delaware Investments National Municipal Income Fund is a closed-ended fixed income mutual fund launched by Delaware Management Holdings, Inc The fund is managed by Delaware Management Business Trust. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal obligations, the income from which is exempt from federal income taxes.

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Dividend History for Delaware Investments National Municipal Income Fund (NYSE:VFL)

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