DMHIX

About DMHIX

Macquarie Minnesota High-Yield Municipal Bond Fund Institutional Class is a fixed income mutual fund dedicated to delivering a high level of current income that is exempt from both federal and Minnesota personal income taxes. The fund primarily invests in a diversified portfolio of medium- to lower-grade municipal bonds issued within the state of Minnesota, targeting sectors such as healthcare, education, infrastructure, and public development. Leveraging proprietary, bottom-up credit research and disciplined risk management, the fund’s strategy emphasizes careful selection of issuers to mitigate risk while seeking to maximize yield. Managed by an experienced team specializing in municipal securities, the fund adapts its holdings' maturities in response to evolving market conditions, supporting capital preservation and modest appreciation over time. With over 230 holdings and assets exceeding $170 million, it offers monthly distributions and aims to provide tax-advantaged income for institutional and high-net-worth investors in Minnesota. As a niche strategy within the $4 trillion U.S. municipal bond market, the fund plays a significant role for those seeking state-specific tax benefits and steady income sources.