Nomura Tax-Free USA Intermediate Fund Class A (DMUSX)
| Fund Assets | 877.51M |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 3.62% |
| Dividend Growth | 6.18% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.73 |
| YTD Return | -0.30% |
| 1-Year Return | 2.68% |
| 5-Year Return | 3.70% |
| 52-Week Low | 10.42 |
| 52-Week High | 11.03 |
| Beta (5Y) | 0.33 |
| Holdings | 342 |
| Inception Date | Jan 7, 1993 |
About DMUSX
The Macquarie Tax-Free USA Intermediate Fund Class A is a municipal bond mutual fund designed to provide investors with a high level of current interest income that is exempt from federal income tax. This fund primarily invests in a diversified portfolio of investment-grade U.S. municipal securities, focusing on intermediate-term bonds to balance yield with interest rate sensitivity. Notable features include its ability to invest up to 20% of assets in high-yield (or "junk") municipal bonds, providing additional income opportunities while accepting a measured level of credit risk. The fund employs a disciplined, bottom-up research approach to credit analysis, emphasizing security selection and responsible risk management to preserve capital and enhance after-tax returns over time. With an effective duration of approximately seven years and a target maturity range that generally spans five to twelve years, the fund is suited for investors seeking tax-advantaged income without taking on the volatility typical of longer-term strategies. The Macquarie Tax-Free USA Intermediate Fund Class A plays a significant role for investors aiming to optimize tax efficiency and income within the municipal bond market.
Performance
DMUSX had a total return of 2.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.95%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0326 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0315 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0375 | Jan 30, 2026 |
| Dec 31, 2025 | $0.038 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0369 | Nov 28, 2025 |
| Oct 31, 2025 | $0.037 | Oct 31, 2025 |