Dupree Mutual Fund North Carolina Tax-Free Income Fund (NTFIX)
| Fund Assets | 104.34M |
| Expense Ratio | 0.76% |
| Min. Investment | $100 |
| Turnover | 23.38% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 1.98% |
| Dividend Growth | -25.27% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.79 |
| YTD Return | 1.13% |
| 1-Year Return | 6.60% |
| 5-Year Return | 6.07% |
| 52-Week Low | 10.34 |
| 52-Week High | 10.90 |
| Beta (5Y) | 0.25 |
| Holdings | 169 |
| 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 6.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.11%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02837 | Mar 31, 2026 |
| Dec 31, 2025 | $0.0277 | Dec 31, 2025 |
| Sep 30, 2025 | $0.08038 | Sep 30, 2025 |
| Jun 30, 2025 | $0.0777 | Jun 30, 2025 |
| Mar 31, 2025 | $0.07434 | Mar 31, 2025 |
| Dec 31, 2024 | $0.07418 | Dec 31, 2024 |