About WDIAX
Wilmington Enhanced Dividend Income Strategy Fund Class A is a mutual fund that aims to achieve a high level of total return while maintaining a moderate level of risk. Managed by Wilmington Funds since its inception in 1999, this fund primarily invests in U.S. large-cap equities with a strong focus on dividend-producing securities. Its strategy is designed to generate a portfolio-level dividend yield that is approximately double the yield of the S&P 500, while also seeking long-term capital appreciation. Typically, at least 80% of its net assets are allocated to stocks with robust dividend profiles, and the fund strives to keep volatility lower than the broader U.S. large-cap equity market.
Positioned in the large value category, the fund holds a diversified portfolio across sectors such as financials, energy, healthcare, and industrials, with a moderate turnover rate that reflects its multi-year investment horizon. The fund pays dividends quarterly and has an expense ratio of 0.75%. With above-average performance and risk ratings, Wilmington Enhanced Dividend Income Strategy Fund Class A serves investors seeking consistent income and growth potential from blue-chip dividend equities, making it a significant player for income-oriented investment strategies within the mutual fund sector.
Fund Family Wilmington Funds
Category Large Value
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol WDIAX
Share Class Class A Shares
Index Russell 1000 Value TR
WDIAX had a total return of 18.55% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.32%.
