Nomura National High Yield Municipal Bond Fund Class C (DVHCX)
| Fund Assets | 3.00B |
| Expense Ratio | 1.60% |
| Min. Investment | $1,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.18% |
| Dividend Growth | 1.09% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.70 |
| YTD Return | -0.06% |
| 1-Year Return | -1.03% |
| 5-Year Return | 1.35% |
| 52-Week Low | 9.40 |
| 52-Week High | 10.19 |
| Beta (5Y) | 0.43 |
| Holdings | 747 |
| Inception Date | May 26, 1997 |
About DVHCX
Macquarie National High Yield Municipal Bond Fund Class C is a mutual fund that primarily targets income generation by investing in medium and lower grade municipal bonds. Its main objective is to provide investors with a high level of income that is exempt from federal income tax. Managed by Delaware Management Company under the Macquarie brand, the fund allocates nearly all of its portfolio—over 99%—to municipal bonds, with only a minimal cash position, emphasizing its focused approach within the high yield municipal bond sector. The fund holds a diverse array of more than 800 individual securities, reflecting a broad portfolio construction designed to mitigate specific issuer risk while pursuing higher yields associated with below investment-grade municipal issuers. With an inception date dating back to 1997, the fund has established itself as a notable participant in the tax-exempt income market, catering to investors seeking monthly distributions and a relatively high dividend yield compared to peers. Its role in the financial market is to provide an option for income-oriented investors who are comfortable with higher risk in exchange for the potential of enhanced tax-advantaged returns typically found in the high yield municipal segment.
Performance
DVHCX had a total return of -1.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.80%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.0296 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0354 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0375 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0347 | Nov 28, 2025 |
| Oct 31, 2025 | $0.035 | Oct 31, 2025 |
| Sep 30, 2025 | $0.033 | Oct 1, 2025 |