Macquarie Tax-Free Pennsylvania Fund Class A is an open-end municipal bond mutual fund focused on generating a high level of current income that is exempt from federal income tax and Pennsylvania state personal income tax. The fund primarily invests in investment-grade and select high-yield Pennsylvania municipal securities, financing public projects such as transportation, healthcare, education, airports, and essential services across the state. It targets tax-efficient income while seeking capital preservation, using diversified exposure across revenue and general obligation bonds and managing interest-rate and credit risk within the Pennsylvania muni market. The fund distributes income monthly and is designed for investors who value state-specific tax-exempt cash flows and the structural benefits of the municipal bond market. It features a longstanding track record dating back to 1977, professional management within Macquarie Asset Management’s municipal platform, and a front-load share class with an ongoing expense ratio for distribution and management. By channeling capital to public-purpose issuers, Macquarie Tax-Free Pennsylvania Fund Class A plays a role in funding critical infrastructure and community services while offering tax-advantaged income to Pennsylvania-focused investors.
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