Dupree North Carolina Tax-Free Income Series (NTFIX)
| Fund Assets | 107.73M |
| Expense Ratio | 0.76% |
| Min. Investment | $100 |
| Turnover | 11.99% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.85% |
| Dividend Growth | 12.74% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 10.44 |
| YTD Return | -2.16% |
| 1-Year Return | -1.56% |
| 5-Year Return | 0.17% |
| 52-Week Low | 10.09 |
| 52-Week High | 10.87 |
| Beta (5Y) | 0.22 |
| Holdings | 181 |
| Inception Date | Nov 16, 1995 |
About NTFIX
Dupree Mutual Fund North Carolina Tax-Free Income Fund is a municipal bond mutual fund designed to offer investors income that is exempt from both federal and North Carolina state income taxes. Its primary function is to provide a stable stream of tax-free income by investing at least 65% of its assets in municipal securities issued within North Carolina, and at least 80% of its income is derived from tax-exempt securities. The fund's portfolio is composed predominantly of investment-grade municipal bonds, with no exposure to the Alternative Minimum Tax (AMT), making it especially attractive to residents seeking local tax efficiency. With total assets of approximately $119 million, the fund is actively managed, aiming to balance attractive yield with prudent risk management. It features a competitive expense ratio, no sales load or redemption fee, and a low minimum investment threshold, facilitating accessibility for a broad range of investors. The fund pays dividends quarterly, with a yield typically in the 2.7%–3.0% range, and its holdings span essential sectors such as transportation, health care, and education through North Carolina municipal issuers. In the broader market, it serves as a specialized tool for investors prioritizing tax-advantaged income and diversification within the municipal bond sector.
Performance
NTFIX had a total return of -1.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.93%.
Top 10 Holdings
17.46% of assets| Name | Symbol | Weight |
|---|---|---|
| NORTH CAROLINA TPK AUTH TRIANGLE EXPWY SYS REV 5% | NC.NCSTRN 5 01.01.2038 | 2.34% |
| NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP REV 4.375% | NC.NCSHSG 4.38 07.01.2044 | 2.16% |
| NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP REV 5% | NC.NCSHSG 5 07.01.2046 | 2.16% |
| CHATHAM CNTY N C LTD OBLIG 4% | NC.CHM 4 11.01.2037 | 1.84% |
| SAMPSON CNTY N C LTD OBLIG 5% | NC.SAM 5 09.01.2040 | 1.66% |
| CABARRUS CNTY N C LTD OBLIG 4% | NC.CAB 4 06.01.2035 | 1.56% |
| NEW HANOVER CNTY N C HOSP REV 5% | NC.NHVMED 5 10.01.2034 | 1.49% |
| ROCKY MOUNT N C SPL OBLIG 4.5% | NC.RKMOBL 4.5 05.01.2032 | 1.42% |
| CHARLOTTE-MECKLENBERG HOSP AUTH N C HEALTH CARE SYS REV 5% | NC.CHAMED 5 01.15.2039 | 1.41% |
| WAYNE CNTY N C 4% | NC.WAY 4 06.01.2034 | 1.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0777 | Jun 30, 2025 |
| Mar 31, 2025 | $0.07434 | Mar 31, 2025 |
| Dec 31, 2024 | $0.07418 | Dec 31, 2024 |
| Sep 30, 2024 | $0.07084 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0672 | Jun 28, 2024 |
| Mar 28, 2024 | $0.06628 | Mar 28, 2024 |