Nomura Minnesota High-Yield Municipal Bond FundDVMHX

MUTUAL FUNDNomura (Macquarie)
Type
Mutual fund
Peer group
Municipal bond
Net assets
$231.4M
Expense ratio
0.84%
1-year return
+3.9%
3 years, a year
+4.9%
5 years, a year
+1.4%
Holdings
224

What it aims to do.

Nomura Minnesota High-Yield Municipal Bond Fund seeks a high level of current income that is exempt from federal income tax and from Minnesota state personal income taxes, primarily through investment in medium- and lower-grade municipal obligations.

Top 10 holdings.

Holding% of fund
Duluth Minn Economic Dev Auth3.01%
Rochester Minn2.90%
St Paul Minn Port Auth2.31%
Minneapolis & St Paul Minn Met Arpts Commn1.80%
Minnesota St1.57%
St Paul Minn Hsg & Redev Auth1.52%
Minneapolis & St Paul Minn Met Arpts Commn1.39%
Puerto Rico Sales Tax Financing Corp1.22%
Minnesota St Higher Ed Facs Auth1.20%
Rosemount Minn1.19%

More on DVMHX.

Returns after fees, from the fund's SEC filings up to Feb 2026. Past returns are not a promise. Not financial advice.