Nomura Tax-Free USA Fund Class C (DUSCX)
| Fund Assets | 1.15B |
| Expense Ratio | 1.55% |
| Min. Investment | $1,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.36% |
| Dividend Growth | 2.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.03 |
| YTD Return | -0.43% |
| 1-Year Return | 0.77% |
| 5-Year Return | -1.98% |
| 52-Week Low | 9.66 |
| 52-Week High | 10.46 |
| Beta (5Y) | n/a |
| Holdings | 332 |
| Inception Date | Nov 29, 1995 |
About DUSCX
Macquarie Tax-Free USA Fund Class C is a municipal bond mutual fund designed to provide investors with current interest income that is exempt from federal income tax. The fund invests primarily in a diversified portfolio of municipal bonds issued by various state and local governments across the United States to finance public projects and infrastructure. By spreading investments across multiple states and sectors, the fund aims to reduce risk while maintaining tax-efficient income generation. The portfolio includes bonds with varying credit ratings and maturity dates, typically maintaining longer duration positions to optimize yield. The fund serves individual investors seeking tax-advantaged income and is structured as an open-end mutual fund with monthly dividend distributions. It operates with a moderate expense ratio and requires a minimum initial investment, making it accessible to retail investors in taxable accounts. The fund is managed by Macquarie, a financial services firm, and appeals to investors in higher tax brackets looking to preserve capital while generating tax-free municipal income.
Performance
DUSCX had a total return of 0.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.13%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.50% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0276 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0262 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0316 | Jan 30, 2026 |
| Dec 31, 2025 | $0.032 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0308 | Nov 28, 2025 |
| Oct 31, 2025 | $0.032 | Oct 31, 2025 |