Nomura Tax-Free USA Fund Inst (DTFIX)
9.48
-0.01
(-0.11%)
USD |
Oct 06 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.55% | 972.52M | -- | 37.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -152.10M | -3.28% |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current interest income exempt from federal income tax as is available from municipal obligations as is consistent with prudent investment management and preservation of capital. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Nomura Asset Management |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
67
-983.27M
Peer Group Low
4.639B
Peer Group High
1 Year
% Rank:
75
-152.10M
-719.05M
Peer Group Low
11.81B
Peer Group High
3 Months
% Rank:
72
-918.43M
Peer Group Low
6.032B
Peer Group High
3 Years
% Rank:
67
-4.810B
Peer Group Low
23.49B
Peer Group High
6 Months
% Rank:
74
-362.62M
Peer Group Low
9.809B
Peer Group High
5 Years
% Rank:
66
-8.668B
Peer Group Low
40.20B
Peer Group High
YTD
% Rank:
78
-464.71M
Peer Group Low
9.358B
Peer Group High
10 Years
% Rank:
68
-7.602B
Peer Group Low
54.24B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 07, 2026.
Asset Allocation
As of July 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.10% |
| Stock | 0.11% |
| Bond | 99.79% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 0.000 07/01/2046 | 3.38% | 33.73 | -2.02% |
| PUERTO RICO COMWLTH PR 0.000 11/01/2043 | 1.96% | 70.38 | 0.00% |
| GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO PR 7.500 08/20/2040 | 1.89% | 96.72 | -0.84% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.750 07/01/2053 | 1.84% | 87.42 | -1.27% |
| CALIFORNIA EDL FACS AUTH REV CA 5.000 05/01/2049 | 1.66% | 97.34 | -1.25% |
| NEW YORK CNTYS TOB TR V NY 0.000 06/01/2060 | 1.58% | 3.728 | -2.48% |
| PUERTO RICO COMWLTH PR 4.000 07/01/2046 | 1.51% | 81.66 | -1.35% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 0.000 07/01/2051 | 1.42% | 23.82 | -2.11% |
| METROPOLITAN PIER & EXPOSITION AUTH ILL REV IL 4.000 06/15/2052 | 1.00% | 77.03 | -1.27% |
| HILLSBOROUGH CNTY FLA INDL DEV AUTH HOSP REV FL 3.500 08/01/2055 | 0.97% | 64.71 | -1.20% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.42% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current interest income exempt from federal income tax as is available from municipal obligations as is consistent with prudent investment management and preservation of capital. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Nomura Asset Management |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-6-26) | 4.80% |
| 30-Day SEC Yield (8-31-26) | 4.38% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 339 |
| Bond | |
| Yield to Maturity (7-31-26) | 4.89% |
| Effective Duration | -- |
| Average Coupon | 5.09% |
| Calculated Average Quality | 2.851 |
| Effective Maturity | 18.87 |
| Nominal Maturity | 23.28 |
| Number of Bond Holdings | 336 |
As of July 31, 2026
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:DTFIX", "name") |
| Broad Asset Class: =YCI("M:DTFIX", "broad_asset_class") |
| Broad Category: =YCI("M:DTFIX", "broad_category_group") |
| Prospectus Objective: =YCI("M:DTFIX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |