Dupree Mutual Fund Alabama Tax-Free Income Fund (DUALX)
| Fund Assets | 18.62M |
| Expense Ratio | 0.91% |
| Min. Investment | $100 |
| Turnover | 20.09% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 2.05% |
| Dividend Growth | -27.54% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 11.48 |
| YTD Return | 1.31% |
| 1-Year Return | 7.07% |
| 5-Year Return | 7.04% |
| 52-Week Low | 10.84 |
| 52-Week High | 11.63 |
| Beta (5Y) | 0.26 |
| Holdings | 65 |
| Inception Date | Jan 1, 2000 |
About DUALX
Dupree Mutual Fund Alabama Tax-Free Income Fund is a municipal bond mutual fund designed to provide investors with tax-exempt income by focusing on investment-grade securities issued within the state of Alabama. The fund's primary function is to deliver a steady stream of income that is exempt from both federal and Alabama state income taxes, making it attractive to residents seeking tax efficiency. A distinguishing feature of this fund is its exclusive allocation to Alabama municipal bonds, all of which are selected to be 100% Alternative Minimum Tax (AMT)-free, reducing the tax burden further for investors. The fund is actively managed, emphasizing preservation of capital while targeting attractive yields through a diversified portfolio of high-quality bonds. With over 70 holdings and a moderate average maturity, the fund offers daily liquidity at net asset value and requires a low minimum investment, encouraging accessibility. Its role in the financial market is to provide local investors with professionally managed, tax-advantaged exposure to their state's municipal debt market, supporting both income generation and regional infrastructure development.
Performance
DUALX had a total return of 7.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.53%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03079 | Mar 31, 2026 |
| Dec 31, 2025 | $0.02991 | Dec 31, 2025 |
| Sep 30, 2025 | $0.08781 | Sep 30, 2025 |
| Jun 30, 2025 | $0.08638 | Jun 30, 2025 |
| Mar 31, 2025 | $0.08515 | Mar 31, 2025 |
| Dec 31, 2024 | $0.08404 | Dec 31, 2024 |