DVMHX

About DVMHX

Macquarie Minnesota High-Yield Municipal Bond Fund Class A is a mutual fund focused on delivering a high level of current income that is exempt from both federal and Minnesota state personal income taxes. The fund primarily invests at least 80% of its assets in municipal securities issued by entities within Minnesota, targeting medium- to lower-grade obligations to enhance yield potential. Its portfolio is broadly diversified across over 200 holdings, spanning sectors such as public infrastructure, healthcare, housing, and transportation. Notable issuers include the Duluth Economic Development Authority, Rochester Health Care Facilities, and the St. Paul Port Authority. The fund’s income appeal is strongest for Minnesota residents due to the dual tax exemption. With a monthly payout structure and a yield that exceeds the average for similar municipal bond funds, it serves investors seeking tax-advantaged income and exposure to Minnesota’s municipal market. The fund is managed by an experienced team specializing in municipal finance, and plays a key role in providing capital to local governments and agencies, which use these funds to support community projects and essential public services.