Nomura Tax-Free Pennsylvania Instl (DTPIX)

Fund Assets	383.85M
Expense Ratio	0.58%
Min. Investment	$1,000
Turnover	30.00%
Dividend (ttm)	0.31
Dividend Yield	4.33%
Dividend Growth	3.77%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	7.09
YTD Return	1.21%
1-Year Return	7.05%
5-Year Return	4.87%
52-Week Low	6.89
52-Week High	7.31
Beta (5Y)	0.07
Holdings	155
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.

• Fund Family: Nomura
• Category: Muni Pennsylvania
• Performance Rating: High
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: DTPIX
• Share Class: Institutional Class
• Index: Bloomberg Municipal Bond TR

Performance

DTPIX had a total return of 7.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.49%.

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 Fund	0.47%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
DELIX	Class A	0.83%
DPTCX	Class C	1.58%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02731	Jul 31, 2026
Jun 30, 2026	$0.02497	Jun 30, 2026
May 29, 2026	$0.02579	May 29, 2026
Apr 30, 2026	$0.0252	Apr 30, 2026
Mar 31, 2026	$0.0261	Mar 31, 2026
Feb 27, 2026	$0.0237	Feb 27, 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:

Aug 27, 2026

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