Nomura Tax-Free USA Fund Class C (DUSCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.23
+0.01 (0.10%)
At close: Feb 13, 2026
Fund Assets1.13B
Expense Ratio1.55%
Min. Investment$1,000
Turnover37.00%
Dividend (ttm)0.37
Dividend Yield3.57%
Dividend Growth2.59%
Payout FrequencyMonthly
Ex-Dividend DateJan 30, 2026
Previous Close10.22
YTD Return1.20%
1-Year Return1.61%
5-Year Return-3.40%
52-Week Low9.41
52-Week High10.26
Beta (5Y)n/a
Holdings321
Inception DateNov 29, 1995

About DUSCX

Macquarie Tax-Free USA Fund Class C is a municipal bond mutual fund focused on generating **tax-exempt income** for individual investors. Its primary function is to invest at least 80% of its net assets in a diversified portfolio of municipal securities whose interest income is exempt from federal income tax, making it particularly attractive for those seeking after-tax yield advantages. The fund allocates investments across multiple states and sectors, which helps reduce risk through broad diversification and minimizes potential exposure to localized economic downturns. Aimed at delivering a high level of current interest income while maintaining relatively long durations, this fund primarily holds bonds with maturities greater than 12 years, situating it in the muni national long category. Its holdings finance a variety of public projects, contributing capital to critical infrastructure and services across the United States. Managed by a seasoned municipal fixed income team, the fund plays a significant role in both providing tax-advantaged income streams for investors and supporting public sector financing needs throughout the nation.

Fund Family Nomura
Category Muni National Long
Performance Rating Low
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol DUSCX
Share Class Class C
Index Bloomberg Municipal Bond TR

Performance

DUSCX had a total return of 1.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.09%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FLUVXFidelityFidelity Advisor Municipal Income Fund - Class M0.75%
FKISXFidelityFidelity Advisor Municipal Income Fund - Class C1.50%
FROGXFidelityFidelity Advisor Municipal Income Fund - Class I0.51%
FUENXFidelityFidelity Flex Municipal Income Fundn/a
FHIGXFidelityFidelity Municipal Income Fund0.44%

Other Share Classes

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

SymbolShare ClassExpense Ratio
DTFIXInstitutional Class0.55%
DMTFXClass A0.80%

Dividend History

Ex-DividendAmountPay Date
Jan 30, 2026$0.0316Jan 30, 2026
Dec 31, 2025$0.032Dec 31, 2025
Nov 28, 2025$0.0308Nov 28, 2025
Oct 31, 2025$0.032Oct 31, 2025
Sep 30, 2025$0.031Oct 1, 2025
Aug 29, 2025$0.032Sep 2, 2025
Full Dividend History