Nomura Tax-Free Colorado Fund Class C (DVCTX)
| Fund Assets | 251.02M |
| Expense Ratio | 1.57% |
| Min. Investment | $1,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.89% |
| Dividend Growth | 3.88% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.24 |
| YTD Return | 0.08% |
| 1-Year Return | 2.74% |
| 5-Year Return | 1.63% |
| 52-Week Low | 9.80 |
| 52-Week High | 10.48 |
| Beta (5Y) | 0.35 |
| Holdings | 161 |
| Inception Date | May 6, 1994 |
About DVCTX
Macquarie Tax-Free Colorado Fund Class C is a municipal bond mutual fund dedicated to providing investors with federally tax-exempt income by primarily investing in bonds issued by state and local governments within Colorado. Its main objective is to offer capital preservation and current income, while minimizing tax liability for shareholders, particularly residents of Colorado, by focusing on bonds whose interest payments are exempt from federal and often state income taxes. The fund's portfolio is extensively allocated to various municipal bonds, with over 98% of assets invested in these securities, fostering a diversified exposure to Colorado's public infrastructure and essential services, such as health facility authorities, school districts, and energy finance authorities. Notable features include a monthly income distribution, a competitive yield, and a relatively stable performance profile, appealing to risk-averse investors seeking consistent tax-advantaged returns. The fund also maintains an average maturity of nearly 14 years, enabling exposure to longer-term municipal credit while balancing duration risk. Overall, Macquarie Tax-Free Colorado Fund Class C serves as a specialized fixed income vehicle tailored for those prioritizing tax efficiency and supporting public projects within Colorado.
Performance
DVCTX had a total return of 2.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.41%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.0256 | Mar 31, 2026 |
| Feb 27, 2026 | $0.023 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0259 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0258 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0247 | Nov 28, 2025 |
| Oct 31, 2025 | $0.025 | Oct 31, 2025 |