Macquarie Minnesota High-Yield Municipal Bond Fund Class A (DVMHX)
| Fund Assets | 211.28M |
| Expense Ratio | 0.84% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.65% |
| Dividend Growth | 0.66% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 30, 2025 |
| Previous Close | 9.57 |
| YTD Return | -3.68% |
| 1-Year Return | -0.10% |
| 5-Year Return | 4.02% |
| 52-Week Low | 9.35 |
| 52-Week High | 10.30 |
| Beta (5Y) | n/a |
| Holdings | 236 |
| Inception Date | Jun 4, 1996 |
About DVMHX
The Fund's investment strategy focuses on MN Municipal Debt with 0.89% total expense ratio. The minimum amount to invest in Voyageur Mutual Funds: Delaware Minnesota High-Yield Municipal Bond Fund; Class A Shares is $1,000 on a standard taxable account. Voyageur Mutual Funds: Delaware Minnesota High-Yield Municipal Bond Fund; Class A Shares seeks a high level of current income exempt from federal income and Minnesota personal income taxes, by investing primarily in a portfolio of medium- to lower-grade Minnesota municipal obligations.
Performance
DVMHX had a total return of -0.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.02%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIMIX | Fidelity | Fidelity Minnesota Municipal Income Fund | 0.47% |
Top 10 Holdings
17.43% of assets| Name | Symbol | Weight |
|---|---|---|
| DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5% | MN.DULDEV 5 02.15.2058 | 2.95% |
| ROCHESTER MINN HEALTH CARE FACS REV 5% | MN.ROCMED 5 11.15.2057 | 2.79% |
| ST PAUL MINN PORT AUTH SOLID WASTE DISP REV 4.5% | MN.STPPOL 4.5 10.01.2037 | 2.22% |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5% | MN.MINAPT 5 01.01.2044 | 1.80% |
| ST PAUL MINN HSG & REDEV AUTH CHARTER SCH LEASE REV 6% | MN.STPHSG 6 09.01.2051 | 1.57% |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 4% | MN.MINAPT 4 01.01.2054 | 1.38% |
| MINNESOTA ST 5% | MN.MNS 5 08.01.2043 | 1.19% |
| ROSEMOUNT MINN 4% | MN.RSM 4 02.01.2053 | 1.19% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.536% | PR.PRCGEN 4.54 07.01.2053 | 1.17% |
| MINNESOTA ST HIGHER ED FACS AUTH REV 5% | MN.MNSHGR 5 05.01.2047 | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 30, 2025 | $0.032 | Jun 2, 2025 |
| Apr 30, 2025 | $0.030 | May 1, 2025 |
| Mar 31, 2025 | $0.031 | Apr 1, 2025 |
| Feb 28, 2025 | $0.028 | Mar 3, 2025 |
| Jan 31, 2025 | $0.03136 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03133 | Dec 31, 2024 |