About DCOIX
Macquarie Tax-Free Colorado Fund Institutional Class is a municipal bond mutual fund focused on generating federally tax-exempt income that is also exempt from Colorado state personal income tax. The fund primarily invests in a diversified portfolio of Colorado municipal securities, seeking high current income while emphasizing preservation of capital. Its holdings typically include general obligation, revenue, and essential-service bonds issued by state and local entities that finance public infrastructure such as transportation, education, utilities, and healthcare. Managed within Macquarie Asset Management’s municipal platform, the strategy applies credit research and structure selection to balance income, quality, and interest rate sensitivity. By concentrating on Colorado issuers, the fund plays a targeted role in the muni market, channeling capital to local projects and public finance needs. It serves investors looking to align income with state-specific tax considerations, while providing access to the broader characteristics of the U.S. municipal bond asset class, including credit diversification across issuers and sectors and exposure to the interest-rate dynamics that influence municipal bond valuations.
Fund Family Nomura
Category Other States Muni
Performance Rating High
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol DCOIX
Share Class Institutional Class
Index Bloomberg Municipal Bond TR
DCOIX had a total return of -1.17% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.25%.
