Macquarie Tax‑Free Idaho Fund Class C is an open‑end municipal bond mutual fund focused on generating a high level of current income that is exempt from U.S. federal income tax and Idaho personal income tax, while aiming to preserve capital. The portfolio concentrates on Idaho state and local government issuers, placing it in the muni single‑state long category, which typically involves longer interest‑rate sensitivity and dedicated exposure to in‑state credits funding public projects such as infrastructure, education, and essential services. The fund distributes income monthly and has maintained a diversified lineup of more than one hundred holdings, reflecting broad exposure across Idaho’s tax‑exempt market. With an inception dating back to the mid‑1990s, it provides investors seeking state‑specific tax efficiency a vehicle to access the Idaho municipal bond market within an actively managed framework. Reported metrics such as net assets, expense ratio, and multi‑period returns are available through third‑party research providers, offering transparency on scale and historical performance versus the Bloomberg Municipal Bond benchmark and the muni single‑state peer group.
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