Dupree Taxable Municipal Bond Fund (DUTMX)
| Fund Assets | 3.05M |
| Expense Ratio | 1.34% |
| Min. Investment | $100 |
| Turnover | 12.60% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 4.10% |
| Dividend Growth | -3.81% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 7.30 |
| YTD Return | 0.70% |
| 1-Year Return | 5.71% |
| 5-Year Return | -14.13% |
| 52-Week Low | 7.21 |
| 52-Week High | 7.57 |
| Beta (5Y) | 0.27 |
| Holdings | 19 |
| Inception Date | Nov 1, 2010 |
About DUTMX
Dupree Taxable Municipal Bond Series is an open-end mutual fund focused on providing a high and stable level of taxable income through investments in taxable municipal bonds. The fund primarily invests in municipal debt securities with nominal maturities typically between 10 and 30 years, offering investors exposure to longer-term municipal obligations that are fully taxable. As a non-diversified fund, it concentrates holdings across select issuers and regions, with the top ten positions comprising a significant portion of its portfolio. This structure enables the fund to target bonds issued by various state and local governments to finance infrastructure, education, and other public sector projects. The fund is particularly suitable for tax-advantaged accounts, such as IRAs, or for tax-exempt organizations seeking taxable bond exposure. Notably, 100% of the assets are subject to the Alternative Minimum Tax (AMT), and the fund does not impose sales loads or redemption fees. It is characterized by a relatively high distribution yield and a moderate-to-high sensitivity to interest rates, reflecting its focus on intermediate to long-term maturities. Its role in the financial market is to provide investors with a vehicle for accessing federally taxable municipal debt as part of a diversified fixed income allocation.
Performance
DUTMX had a total return of 5.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.61%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.02776 | May 29, 2026 |
| Apr 30, 2026 | $0.02675 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02779 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02484 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02742 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02674 | Dec 31, 2025 |