Macquarie Tax-Free USA Fund Class C is a municipal bond mutual fund focused on generating **tax-exempt income** for individual investors. Its primary function is to invest at least 80% of its net assets in a diversified portfolio of municipal securities whose interest income is exempt from federal income tax, making it particularly attractive for those seeking after-tax yield advantages. The fund allocates investments across multiple states and sectors, which helps reduce risk through broad diversification and minimizes potential exposure to localized economic downturns. Aimed at delivering a high level of current interest income while maintaining relatively long durations, this fund primarily holds bonds with maturities greater than 12 years, situating it in the muni national long category. Its holdings finance a variety of public projects, contributing capital to critical infrastructure and services across the United States. Managed by a seasoned municipal fixed income team, the fund plays a significant role in both providing tax-advantaged income streams for investors and supporting public sector financing needs throughout the nation.
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