Macquarie Tax-Free MN C (DMOCX)
| Fund Assets | 530.35M |
| Expense Ratio | 1.56% |
| Min. Investment | $1,000 |
| Turnover | 27.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.86% |
| Dividend Growth | 5.54% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.72 |
| YTD Return | -3.89% |
| 1-Year Return | -4.24% |
| 5-Year Return | -5.79% |
| 52-Week Low | 10.47 |
| 52-Week High | 11.51 |
| Beta (5Y) | n/a |
| Holdings | 308 |
| Inception Date | May 4, 1994 |
About DMOCX
Macquarie Tax-Free Minnesota Fund Class C is a municipal bond mutual fund designed to provide investors with a high level of income that is exempt from both federal and Minnesota state personal income taxes. The fund primarily invests in investment-grade municipal securities issued by the state of Minnesota and its local governments or related entities. Its structure and objectives cater to residents of Minnesota or those seeking tax-advantaged income through exposure to municipal bonds. The fund pays dividends annually and maintains a total expense ratio of 1.56%. As part of the Macquarie Asset Management family, this fund is managed by a team with expertise in U.S. fixed income and municipal strategies, aiming to optimize after-tax yield while maintaining adherence to quality and credit standards. Macquarie Tax-Free Minnesota Fund Class C holds a particular role in the market for investors focused on tax efficiency, especially those seeking to mitigate the impact of federal and state taxes on their fixed income allocations.
Performance
DMOCX had a total return of -4.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.00%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIMIX | Fidelity | Fidelity Minnesota Municipal Income | 0.47% |
Top 10 Holdings
15.64% of assets| Name | Symbol | Weight |
|---|---|---|
| DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5% | MN.DULDEV 5 02.15.2058 | 2.02% |
| ST PAUL MINN PORT AUTH SOLID WASTE DISP REV 4.5% | MN.STPPOL 4.5 10.01.2037 | 1.77% |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5.25% | MN.MINAPT 5.25 01.01.2049 | 1.74% |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5% | MN.MINAPT 5 01.01.2044 | 1.68% |
| DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5% | MN.DULDEV 5 02.15.2053 | 1.60% |
| DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5.25% | MN.DULDEV 5.25 02.15.2058 | 1.49% |
| ROCHESTER MINN HEALTH CARE FACS REV 4% | MN.ROCMED 4 11.15.2039 | 1.47% |
| ROCHESTER MINN HEALTH CARE FACS REV 2.1% | MN.MNHOSP 11.15.2064 | 1.32% |
| MINNESOTA ST 5% | MN.MNS 5 08.01.2043 | 1.29% |
| ROCHESTER MINN HEALTH CARE FACS REV 5% | MN.ROCMED 5 11.15.2057 | 1.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.027 | Sep 2, 2025 |
| Jul 31, 2025 | $0.027 | Aug 1, 2025 |
| Jun 30, 2025 | $0.026 | Jul 1, 2025 |
| May 30, 2025 | $0.027 | Jun 2, 2025 |
| Apr 30, 2025 | $0.026 | May 1, 2025 |
| Mar 31, 2025 | $0.026 | Apr 1, 2025 |