Macquarie Tax-Free California Fund Institutional (DCTIX)
10.66
+0.03
(+0.28%)
USD |
May 15 2025
Key Stats
Customize
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.55% | 297.48M | -- | 25.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 51.25M | -1.20% | 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:
49
-206.78M
Peer Group Low
318.65M
Peer Group High
1 Year
% Rank:
45
51.25M
-680.20M
Peer Group Low
926.13M
Peer Group High
3 Months
% Rank:
54
-284.31M
Peer Group Low
523.00M
Peer Group High
3 Years
% Rank:
31
-2.744B
Peer Group Low
1.635B
Peer Group High
6 Months
% Rank:
38
-520.69M
Peer Group Low
508.85M
Peer Group High
5 Years
% Rank:
36
-3.646B
Peer Group Low
2.130B
Peer Group High
YTD
% Rank:
40
-315.48M
Peer Group Low
460.86M
Peer Group High
10 Years
% Rank:
62
-3.476B
Peer Group Low
2.979B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 16, 2025.
Asset Allocation
As of February 28, 2025.
| Type | % Net |
|---|---|
| Cash | 0.05% |
| Stock | 0.00% |
| Bond | 99.95% |
| 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
|
1.64% | -- | -- |
|
CALIFORNIA STATE UNIVERSITY 3% 01-NOV-2052
|
1.60% | -- | -- |
|
PUERTO RICO SALES TAX FINANCING CORP 4.75% 01-JUL-2053
|
1.51% | -- | -- |
|
CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 5.25% 15-AUG-2052
|
1.33% | -- | -- |
|
CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY 5% 01-NOV-2047
|
1.23% | -- | -- |
|
CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY 5% 01-FEB-2055
|
1.19% | -- | -- |
|
CALIFORNIA, STATE OF 5.25% 01-OCT-2045
|
1.15% | -- | -- |
|
SAN FRANCISCO INTERNATIONAL AIRPORT CORP 5.25% 01-MAY-2049
|
1.15% | -- | -- |
|
PUERTO RICO SALES TAX FINANCING CORP 0% 01-JUL-2046
|
1.14% | -- | -- |
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 (5-15-25) | 3.92% |
| 30-Day SEC Yield (3-31-25) | 3.99% |
| 7-Day SEC Yield | -- |
| Bond | |
| Yield to Maturity (2-28-25) | 4.40% |
| Average Coupon | 4.83% |
| Calculated Average Quality | 2.794 |
| Effective Maturity | 21.86 |
| Nominal Maturity | 23.72 |
As of February 28, 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. |