VFL Stock Summary and Trading Ideas (Delaware Invest National Muni | AMEX:VFL)

The Fund seeks to provide current income exempt from regular federal income tax, consistent with the preservation of capital. Under normal circumstances the Fund will invest at least 80% of its net assets in securities, the income from which is exempt from federal income taxes. The Fund will be able to invest up to 20% of its net assets in municipal bonds with an investment rating of Ba/BB or lower, or that are unrated but judged to be of comparable quality by the Fund's investment adviser. Investment in municipal bonds of below investment grade quality involves special risks as compared with investment in higher grade municipal bonds. These risks include greater sensitivity to general economic downturns. Securities rated below investment grade are commonly known as "junk bonds." These securities are regarded as predominantly speculative with respect to the issuer's ability to pay interest and repay principal owed.

Delaware Invest National Muni trades on the AMEX stock market under the symbol VFL.

As of April 16, 2024, VFL stock price declined to $9.87 with 10,989 million shares trading.

VFL has a beta of 0.83, meaning it tends to be less sensitive to market movements. VFL has a correlation of 0.33 to the broad based SPY ETF.

VFL has a market cap of $121.18 million. This is considered a Micro Cap stock.

In the last 3 years, VFL stock traded as high as $14.50 and as low as $7.93.

VFL has underperformed the market in the last year with a return of -3.5%, while the SPY ETF gained +23.7%. In the last 3 month period, VFL fell short of the market, returning -3.4%, while SPY returned +5.9%. However, in the most recent 2 weeks VFL has outperformed the stock market by returning -3.5%, while SPY returned -3.6%.

VFL support price is $9.84 and resistance is $9.94 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VFL stock will trade within this expected range on the day.