Macquarie Tax-Free PA Institutional (DTPIX)
| Fund Assets | 392.32M |
| Expense Ratio | 0.58% |
| Min. Investment | $1,000 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 4.29% |
| Dividend Growth | -3.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 6.91 |
| YTD Return | -4.37% |
| 1-Year Return | -3.88% |
| 5-Year Return | 2.19% |
| 52-Week Low | 6.82 |
| 52-Week High | 7.54 |
| Beta (5Y) | n/a |
| Holdings | 165 |
| Inception Date | Dec 31, 2013 |
About DTPIX
The Macquarie Tax-Free Pennsylvania Fund Institutional Class is a municipal bond mutual fund designed to provide a high level of current income that is exempt from both federal income tax and Pennsylvania state personal income tax. Its primary function is to invest predominantly in municipal securities issued within Pennsylvania, making it particularly relevant for investors subject to these specific tax jurisdictions. The fund focuses on fixed income securities, mainly bonds related to Pennsylvania’s municipalities, transit authorities, and public infrastructure projects, as well as select holdings from other regions such as Puerto Rico. Notable features include a diversified portfolio with top holdings in hospital, development, and transportation authority bonds, and a significant portion of assets concentrated in the fund’s top ten holdings. With assets exceeding $400 million, the fund aims for tax-efficient income distribution and capital preservation for institutional investors. Its expense ratio and yield place it competitively within the Pennsylvania municipal bond fund category, supporting its role as a specialized tool for managing fixed-income exposure while seeking tax-advantaged returns for Pennsylvania-based investors.
Performance
DTPIX had a total return of -3.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.97%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FPXTX | Fidelity | Fidelity Pennsylvania Municipal Income | 0.46% |
Top 10 Holdings
21.29% of assets| Name | Symbol | Weight |
|---|---|---|
| PENNSYLVANIA ECONOMIC DEV FING AUTH SOLID WASTE DISP REV 5.375% | PA.PASDEV 5.38 03.01.2031 | 3.02% |
| ALLEGHENY CNTY PA HOSP DEV AUTH REV 5% | PA.ALLMED 5 04.01.2047 | 2.68% |
| PHILADELPHIA PA ARPT REV 4% | PA.PHIAPT 4 07.01.2033 | 2.54% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2046 | 2.37% |
| GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5% | PR.PRCDEV 7.5 08.20.2040 | 2.34% |
| SOUTHEASTERN PA TRANSN AUTH REV 5.25% | PA.SEPTRN 5.25 06.01.2052 | 2.03% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75% | PR.PRCGEN 4.75 07.01.2053 | 1.80% |
| PENNSYLVANIA ST HIGHER EDL FACS AUTH REV 4% | PA.PASHGR 4 08.15.2049 | 1.63% |
| PHILADELPHIA PA AUTH FOR INDL DEV UNIV REV 5.5% | PA.PHIDEV 5.5 11.01.2060 | 1.50% |
| PENNSYLVANIA ST TPK COMMN TPK REV 5.25% | PA.PASTRN 5.25 12.01.2054 | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.025 | Aug 1, 2025 |
| Jun 30, 2025 | $0.024 | Jul 1, 2025 |
| May 30, 2025 | $0.025 | Jun 2, 2025 |
| Apr 30, 2025 | $0.025 | May 1, 2025 |
| Mar 31, 2025 | $0.025 | Apr 1, 2025 |
| Feb 28, 2025 | $0.023 | Mar 3, 2025 |