Macquarie Tax-Free Idaho Institutional (DTIDX)
| Fund Assets | 126.63M |
| Expense Ratio | 0.61% |
| Min. Investment | $0.00 |
| Turnover | 14.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.62% |
| Dividend Growth | -1.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.35 |
| YTD Return | -0.39% |
| 1-Year Return | -0.74% |
| 5-Year Return | 4.35% |
| 52-Week Low | 9.85 |
| 52-Week High | 10.76 |
| Beta (5Y) | n/a |
| Holdings | 115 |
| Inception Date | Dec 31, 2013 |
About DTIDX
Macquarie Tax-Free Idaho Fund Institutional Class is an open-end mutual fund specializing in municipal securities. Its primary objective is to provide investors with a high level of current income exempt from both federal and Idaho state personal income taxes, consistent with capital preservation. To achieve this, the fund invests at least 80% of its assets in municipal bonds issued by Idaho and select other jurisdictions, with income from these bonds generally free from federal and state taxes for Idaho residents. The portfolio predominantly focuses on long-duration securities, aligning with the 'muni single-state long' category, which targets projects such as state infrastructure, housing, health care, and water resources. By concentrating on Idaho-specific municipal debt, the fund plays a specialized role in serving investors seeking tax-advantaged fixed income exposure tailored to Idaho’s tax code. It is managed by a team of seasoned municipal bond specialists at Macquarie Asset Management and operates as a diversified fund, reducing issuer-specific risk within the Idaho municipal bond market. This fund is commonly used by residents and institutions prioritizing tax-exempt income and local impact through Idaho’s municipal financing channels.
Performance
DTIDX had a total return of -0.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.80%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
22.28% of assets| Name | Symbol | Weight |
|---|---|---|
| GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5% | PR.PRCDEV 7.5 08.20.2040 | 3.13% |
| IDAHO WTR RESOURCE BRD WTR RES LN PROG REV 5% | ID.IDSWTR 5 09.01.2032 | 2.83% |
| IDAHO HEALTH FACS AUTH HOSP REV 4% | ID.IDSMED 4 12.01.2043 | 2.69% |
| IDAHO HSG & FIN ASSN 4% | ID.IDSHSG 4 07.15.2039 | 2.29% |
| IDAHO HSG & FIN ASSN SINGLE FAMILY MTG REV 4.65% | ID.IDSSFH 4.65 01.01.2054 | 2.14% |
| IDAHO HSG & FIN ASSN SALES TAX REV 5% | ID.IDSGEN 5 08.15.2047 | 1.93% |
| IDAHO HSG & FIN ASSN NONPROFIT FACS REV 3% | ID.IDSHSG 3 05.01.2041 | 1.88% |
| IDAHO HSG & FIN ASSN NONPROFIT FACS REV 4% | ID.IDSHSG 4 05.01.2050 | 1.87% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 1.76% |
| IDAHO HEALTH FACS AUTH REV 2.75% | ID.IDSMED 03.01.2060 | 1.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.032 | Sep 2, 2025 |
| Jul 31, 2025 | $0.032 | Aug 1, 2025 |
| Jun 30, 2025 | $0.031 | Jul 1, 2025 |
| May 30, 2025 | $0.032 | Jun 2, 2025 |
| Apr 30, 2025 | $0.031 | May 1, 2025 |
| Mar 31, 2025 | $0.032 | Apr 1, 2025 |