Macquarie Tax-Free California Fund Institutional (DCTIX)
10.56
+0.04
(+0.38%)
USD |
Jun 04 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.55% | 289.84M | -- | 25.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 38.65M | -0.87% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current income exempt from federal income tax and from the California state personal income tax, as is consistent with preservation of capital. Under normal circumstances, the Fund will invest at least 80% of its net assets in municipal securities. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | Macquarie |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
75
-164.08M
Peer Group Low
76.30M
Peer Group High
1 Year
% Rank:
45
38.65M
-680.20M
Peer Group Low
894.41M
Peer Group High
3 Months
% Rank:
61
-254.75M
Peer Group Low
483.40M
Peer Group High
3 Years
% Rank:
39
-2.744B
Peer Group Low
1.629B
Peer Group High
6 Months
% Rank:
52
-520.69M
Peer Group Low
451.30M
Peer Group High
5 Years
% Rank:
40
-3.646B
Peer Group Low
2.084B
Peer Group High
YTD
% Rank:
54
-315.48M
Peer Group Low
448.80M
Peer Group High
10 Years
% Rank:
62
-3.476B
Peer Group Low
3.026B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of June 05, 2025.
Asset Allocation
As of March 31, 2025.
| Type | % Net |
|---|---|
| Cash | -0.02% |
| Stock | 0.00% |
| Bond | 100.0% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
PUERTO RICO SALES TAX FINANCING CORP 0% 01-JUL-2051
|
1.82% | -- | -- |
|
GDB DEBT RECOVERY AUTHORITY 7.5% 20-AUG-2040
|
1.68% | -- | -- |
|
BAY AREA TOLL AUTHORITY 2.35% 01-APR-2059
|
1.60% | -- | -- |
|
CALIFORNIA STATE UNIVERSITY 3% 01-NOV-2052
|
1.54% | -- | -- |
|
PUERTO RICO SALES TAX FINANCING CORP 4.75% 01-JUL-2053
|
1.50% | -- | -- |
|
CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 5.25% 15-AUG-2052
|
1.34% | -- | -- |
|
CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY 5% 01-NOV-2047
|
1.20% | -- | -- |
|
CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY 5% 01-FEB-2055
|
1.19% | -- | -- |
|
PUERTO RICO, COMMONWEALTH OF (GOVERNMENT) 0% 01-NOV-2043
|
1.16% | -- | -- |
|
CALIFORNIA, STATE OF 5.25% 01-OCT-2045
|
1.15% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.35% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current income exempt from federal income tax and from the California state personal income tax, as is consistent with preservation of capital. Under normal circumstances, the Fund will invest at least 80% of its net assets in municipal securities. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | Macquarie |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (6-4-25) | 3.97% |
| 30-Day SEC Yield (4-30-25) | 4.29% |
| 7-Day SEC Yield | -- |
| Bond | |
| Yield to Maturity (3-31-25) | 4.75% |
| Average Coupon | 4.82% |
| Calculated Average Quality | 2.777 |
| Effective Maturity | 21.92 |
| Nominal Maturity | 23.75 |
As of March 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:DCTIX", "name") |
| Broad Asset Class: =YCI("M:DCTIX", "broad_asset_class") |
| Broad Category: =YCI("M:DCTIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:DCTIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |