Dupree Mutual Fund Mississippi Tax-Free Income Fund (DUMSX)
| Fund Assets | 4.16M |
| Expense Ratio | 1.13% |
| Min. Investment | $100 |
| Turnover | 10.08% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.15% |
| Dividend Growth | -29.98% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 11.09 |
| YTD Return | 2.08% |
| 1-Year Return | 6.52% |
| 5-Year Return | 6.54% |
| 52-Week Low | 10.62 |
| 52-Week High | 11.18 |
| Beta (5Y) | 0.21 |
| Holdings | 27 |
| Inception Date | Jan 1, 2000 |
About DUMSX
The Dupree Mississippi Tax-Free Income Series is a mutual fund focused on providing income exempt from both federal and Mississippi state personal income taxes. The fund primarily invests in a diversified portfolio of municipal bonds issued within the state of Mississippi, emphasizing those of investment-grade quality, typically rated BBB or Baa or higher. Its key objective is to deliver a steady stream of tax-exempt income to Mississippi residents, making it particularly attractive for individuals seeking tax efficiency in their fixed-income holdings. A notable feature of this fund is its 100% exemption from the federal Alternative Minimum Tax (AMT) for qualified investors. Managed with an emphasis on capital preservation and attractive yield, the fund aims to balance risk by diversifying across various municipal issuers and maturities. The Dupree Mississippi Tax-Free Income Series is structured without front-end loads, redemption fees, or ongoing distribution (12b-1) charges, which can enhance net returns for investors seeking cost-efficient income solutions. The fund plays a significant role in supporting state and local public financing, as its investments help fund infrastructure, schools, and public projects within Mississippi. Its structure also allows for daily liquidity at net asset value, meeting the needs of investors who prioritize both income stability and access to their invested capital.
Performance
DUMSX had a total return of 6.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.34%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0895 | Jun 30, 2026 |
| Mar 31, 2026 | $0.03037 | Mar 31, 2026 |
| Dec 31, 2025 | $0.0297 | Dec 31, 2025 |
| Sep 30, 2025 | $0.08904 | Sep 30, 2025 |
| Jun 30, 2025 | $0.08824 | Jun 30, 2025 |
| Mar 31, 2025 | $0.0862 | Mar 31, 2025 |