Macquarie Minnesota High-Yield Municipal Bond Fund Class C (DVMMX)
| Fund Assets | 211.28M |
| Expense Ratio | 1.59% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.01% |
| Dividend Growth | 0.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.62 |
| YTD Return | -3.50% |
| 1-Year Return | -1.60% |
| 5-Year Return | -0.63% |
| 52-Week Low | 9.37 |
| 52-Week High | 10.32 |
| Beta (5Y) | 0.30 |
| Holdings | 230 |
| Inception Date | Jun 12, 1996 |
About DVMMX
The Fund's investment strategy focuses on MN Municipal Debt with 1.64% total expense ratio. The minimum amount to invest in Voyageur Mutual Funds: Delaware Minnesota High-Yield Municipal Bond Fund; Class C Shares is $1,000 on a standard taxable account. Voyageur Mutual Funds: Delaware Minnesota High-Yield Municipal Bond Fund; Class C 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
DVMMX had a total return of -1.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.26%.
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
16.58% of assets| Name | Symbol | Weight |
|---|---|---|
| DULUTH MINN ECONOMIC DEV AUTH HEALTH CARE FACS REV 5% | MN.DULDEV 5 02.15.2058 | 3.04% |
| ST PAUL MINN PORT AUTH SOLID WASTE DISP REV 4.5% | MN.STPPOL 4.5 10.01.2037 | 2.26% |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 5% | MN.MINAPT 5 01.01.2044 | 1.82% |
| ROCHESTER MINN HEALTH CARE FACS REV 5% | MN.ROCMED 5 11.15.2057 | 1.82% |
| ST PAUL MINN HSG & REDEV AUTH CHARTER SCH LEASE REV 6% | MN.STPHSG 6 09.01.2051 | 1.59% |
| MINNEAPOLIS & ST PAUL MINN MET ARPTS COMMN ARPT REV 4% | MN.MINAPT 4 01.01.2054 | 1.37% |
| MINNESOTA ST 5% | MN.MNS 5 08.01.2043 | 1.20% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.536% | PR.PRCGEN 4.54 07.01.2053 | 1.18% |
| MINNESOTA ST HIGHER ED FACS AUTH REV 5% | MN.MNSHGR 5 05.01.2047 | 1.16% |
| ROSEMOUNT MINN 4% | MN.RSM 4 02.01.2053 | 1.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.025 | Jul 1, 2025 |
| May 30, 2025 | $0.026 | Jun 2, 2025 |
| Apr 30, 2025 | $0.024 | May 1, 2025 |
| Mar 31, 2025 | $0.024 | Apr 1, 2025 |
| Feb 28, 2025 | $0.022 | Mar 3, 2025 |
| Jan 31, 2025 | $0.02483 | Jan 31, 2025 |