Nomura Tax-Free USA Intermediate Fund Institutional Class (DUSIX)
| Fund Assets | 877.51M |
| Expense Ratio | 0.50% |
| Min. Investment | $0.00 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 3.96% |
| Dividend Growth | 5.49% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.83 |
| YTD Return | -0.16% |
| 1-Year Return | 2.57% |
| 5-Year Return | 4.77% |
| 52-Week Low | 10.51 |
| 52-Week High | 11.13 |
| Beta (5Y) | n/a |
| Holdings | 342 |
| Inception Date | Dec 31, 2008 |
About DUSIX
Macquarie Tax-Free USA Intermediate Fund Institutional Class is a diversified municipal bond mutual fund designed to provide investors with a high level of current interest income exempt from federal income taxes. The fund primarily invests in intermediate-term municipal obligations, targeting bonds issued by state and local governments and their agencies across the United States. This focus allows the fund to support public infrastructure and services while offering investors a source of federally tax-free income. A notable feature of this fund is its emphasis on credit quality and duration management, aiming to maintain a balance between yield and interest rate sensitivity. Managed by seasoned professionals at Macquarie Asset Management with expertise in U.S. fixed income and municipal securities, the fund’s portfolio often includes a wide range of issuers, helping to manage both credit and sector risks. The institutional share class typically offers lower expense ratios, making it suitable for larger institutional investors. By providing monthly distributions and maintaining a focus on tax efficiency, the Macquarie Tax-Free USA Intermediate Fund Institutional Class plays an important role for investors and institutions seeking to optimize after-tax returns through high-quality municipal fixed income exposure.
Performance
DUSIX had a total return of 2.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.58%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0353 | Mar 31, 2026 |
| Feb 27, 2026 | $0.034 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0402 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0407 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0395 | Nov 28, 2025 |
| Oct 31, 2025 | $0.040 | Oct 31, 2025 |