Nomura Tax-Free USA Intermediate Fund Class A (DMUSX)
| Fund Assets | 846.85M |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 3.81% |
| Dividend Growth | 4.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.87 |
| YTD Return | 2.25% |
| 1-Year Return | 5.99% |
| 5-Year Return | 3.66% |
| 52-Week Low | 10.42 |
| 52-Week High | 11.00 |
| Beta (5Y) | 0.31 |
| Holdings | 333 |
| 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 5.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.00%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03449 | Jun 30, 2026 |
| May 29, 2026 | $0.03376 | May 29, 2026 |
| Apr 30, 2026 | $0.032 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0326 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0315 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0375 | Jan 30, 2026 |