Nomura Tax-Free USA Fund Class A (DMTFX)

Fund Assets	976.26M
Expense Ratio	0.81%
Min. Investment	$1,000
Turnover	37.00%
Dividend (ttm)	0.43
Dividend Yield	4.49%
Dividend Growth	-1.50%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.42
YTD Return	-3.04%
1-Year Return	-2.82%
5-Year Return	-3.18%
52-Week Low	9.30
52-Week High	10.30
Beta (5Y)	0.47
Holdings	338
Inception Date	Jan 11, 1984

About DMTFX

Macquarie Tax-Free USA Fund Class A is a mutual fund focused on providing a high level of current interest income that is exempt from federal income tax. Its primary investment strategy centers on municipal bonds, using diversified holdings across various states and sectors to lower risk and support public infrastructure projects. Classified in the Muni National Long category, the fund typically maintains a long duration, with an effective duration of over 11 years. It invests in both general obligation and revenue municipal securities, seeking to balance income generation with the preservation of capital. With over 300 holdings and a portfolio managed by experienced professionals, the fund draws on in-depth credit research to select its investments. Macquarie Tax-Free USA Fund Class A plays a significant role for investors seeking federally tax-exempt income, often appealing to those in higher tax brackets or focused on after-tax yield. It distributes income monthly and aims to deliver steady returns while minimizing exposure to federal tax liability, reinforcing its importance in the U.S. tax-free municipal bond sector.

• Fund Family: Nomura
• Category: Muni National Long
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: DMTFX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

DMTFX had a total return of -2.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.96%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FLUVX	Fidelity	Fidelity Advisor Municipal Income M	0.73%
FKISX	Fidelity	Fidelity Advisor Municipal Income C	1.44%
FROGX	Fidelity	Fidelity Advisor Municipal Income I	0.49%
FUENX	Fidelity	Fidelity Flex Municipal Income Fund	n/a
FHIGX	Fidelity	Fidelity Municipal Income Fund	0.43%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DTFIX	Institutional Class	0.55%
DUSCX	Class C	1.55%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03628	Sep 30, 2026
Aug 31, 2026	$0.03561	Aug 31, 2026
Jul 31, 2026	$0.03876	Jul 31, 2026
Jun 30, 2026	$0.03284	Jun 30, 2026
May 29, 2026	$0.03392	May 29, 2026
Apr 30, 2026	$0.0331	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

Data Sources Report a data error