Nomura Tax-Free Oregon Fund Class A (FTORX)
| Fund Assets | 46.94M |
| Expense Ratio | 0.88% |
| Min. Investment | $1,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.44% |
| Dividend Growth | 5.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 12.83 |
| YTD Return | 1.17% |
| 1-Year Return | 3.43% |
| 5-Year Return | 3.41% |
| 52-Week Low | 11.66 |
| 52-Week High | 12.84 |
| Beta (5Y) | 0.32 |
| Holdings | 76 |
| Inception Date | May 4, 1992 |
About FTORX
Macquarie Tax-Free Oregon Fund Class A is a municipal bond mutual fund focused on generating a high level of interest income that is exempt from both federal and Oregon state income taxes for individual residents of Oregon. The fund primarily invests in investment-grade municipal securities, including bonds issued by Oregon state and local authorities, as well as select holdings from other municipal issuers. Its portfolio emphasizes credit analysis and employs a bottom-up investment approach to identify opportunities for income and risk management. The fund caters to investors seeking tax-advantaged income within Oregon, making it particularly relevant for those in higher tax brackets or with substantial state tax liabilities. Notable features include an effective duration of approximately 8.65 years and a trailing twelve-month yield of 3.34% as of early 2025. With total assets in the $40–$55 million range, it represents a specialized, single-state municipal fund option in the U.S. market. The fund’s expense ratio stands at 0.90%, and it is structured as a front-load share class, which impacts cost considerations for investors.
Performance
FTORX had a total return of 3.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.29%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FTOTX | Institutional Class | 0.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.039 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0379 | Dec 31, 2025 |
| Nov 28, 2025 | $0.037 | Nov 28, 2025 |
| Oct 31, 2025 | $0.038 | Oct 31, 2025 |
| Sep 30, 2025 | $0.037 | Oct 1, 2025 |
| Aug 29, 2025 | $0.038 | Sep 2, 2025 |