VIDAX

About VIDAX

Macquarie Tax-Free Idaho Fund Class A is an open-end mutual fund primarily focused on investing in municipal bonds from the state of Idaho. Its central objective is to deliver a high level of current income exempt from both federal income tax and Idaho state personal income tax, while also aiming for capital preservation. The fund typically allocates at least 80% of its net assets to municipal securities whose income qualifies for these tax exemptions, making it particularly relevant for investors seeking tax-advantaged income from Idaho municipal issuers. With a portfolio of over 110 holdings, the fund spreads its investments across various Idaho sectors such as health facilities, water resources, and housing authorities, reflecting the economic diversity of municipal finance within the state. The fund maintains an intermediate to long-term maturity profile, generally keeping an effective duration between 5 and 30 years. Serving a niche segment in the municipal bond market, Macquarie Tax-Free Idaho Fund Class A plays a key role by funneling capital into Idaho’s public projects while providing tax-efficient income solutions for residents and tax-sensitive investors.