Nomura Tax-Free California Fund C (DVFTX)
10.89
0.00 (0.00%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 1.56% | 285.12M | -- | 46.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -28.56M | -2.02% | 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:
39
-35.00M
Peer Group Low
85.36M
Peer Group High
1 Year
% Rank:
61
-28.56M
-561.21M
Peer Group Low
977.40M
Peer Group High
3 Months
% Rank:
74
-95.75M
Peer Group Low
548.05M
Peer Group High
3 Years
% Rank:
52
-1.965B
Peer Group Low
1.505B
Peer Group High
6 Months
% Rank:
74
-126.92M
Peer Group Low
526.10M
Peer Group High
5 Years
% Rank:
35
-3.763B
Peer Group Low
1.849B
Peer Group High
YTD
% Rank:
60
-356.00M
Peer Group Low
974.90M
Peer Group High
10 Years
% Rank:
65
-3.351B
Peer Group Low
2.858B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.38% |
| Stock | 0.00% |
| Bond | 99.62% |
| 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 | 3.20% | 33.21 | 0.00% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 5.000 07/01/2058 | 2.05% | 96.69 | 0.00% |
| CALIFORNIA ST UNIV REV CA 3.000 11/01/2052 | 1.77% | 74.33 | 0.01% |
| CALIFORNIA HEALTH FACS FING AUTH REV CA 4.000 04/01/2049 | 1.77% | 90.87 | 0.00% |
| GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO PR 7.500 08/20/2040 | 1.70% | 97.29 | 0.00% |
|
CASH AND CASH EQUIVALENTS
|
1.61% | -- | -- |
| CALIFORNIA EDL FACS AUTH REV CA 5.000 05/01/2049 | 1.41% | 114.33 | -0.00% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV CA 5.250 07/01/2054 | 1.38% | 101.55 | 0.00% |
| SAN FRANCISCO CALIF CITY & CNTY PUB UTILS COMMN WTR REV CA 5.250 11/01/2055 | 1.33% | -- | -- |
| LOS ANGELES CALIF DEPT ARPTS ARPT REV CA 5.250 05/15/2055 | 1.33% | 107.61 | -0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 1.00% |
| Actual Management Fee | 0.35% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | 1.00% |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 100.00 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 (12-3-25) | 3.05% |
| 30-Day SEC Yield (10-31-25) | 3.15% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 203 |
| Bond | |
| Yield to Maturity (9-30-25) | 4.62% |
| Effective Duration | -- |
| Average Coupon | 4.80% |
| Calculated Average Quality | 2.785 |
| Effective Maturity | 19.75 |
| Nominal Maturity | 24.43 |
| Number of Bond Holdings | 201 |
As of September 30, 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:DVFTX", "name") |
| Broad Asset Class: =YCI("M:DVFTX", "broad_asset_class") |
| Broad Category: =YCI("M:DVFTX", "broad_category_group") |
| Prospectus Objective: =YCI("M:DVFTX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |