DUALX

About DUALX

Dupree Mutual Fund Alabama Tax-Free Income Fund is a municipal bond mutual fund designed to provide investors with tax-exempt income by focusing on investment-grade securities issued within the state of Alabama. The fund's primary function is to deliver a steady stream of income that is exempt from both federal and Alabama state income taxes, making it attractive to residents seeking tax efficiency. A distinguishing feature of this fund is its exclusive allocation to Alabama municipal bonds, all of which are selected to be 100% Alternative Minimum Tax (AMT)-free, reducing the tax burden further for investors. The fund is actively managed, emphasizing preservation of capital while targeting attractive yields through a diversified portfolio of high-quality bonds. With over 70 holdings and a moderate average maturity, the fund offers daily liquidity at net asset value and requires a low minimum investment, encouraging accessibility. Its role in the financial market is to provide local investors with professionally managed, tax-advantaged exposure to their state's municipal debt market, supporting both income generation and regional infrastructure development.