DMHIX Mutual Fund

DMHIX Mutual Fund

NAV$9.27
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Fund Essentials - as of Jul 31, 2026

Net Assets
$138M
Expense Ratio
0.59%
Dividend Yield (Current)
4.13%
Holdings
230
Inception Date
Dec 31, 2013
Fund Family
Nomura Asset Management Co Ltd
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+0.64%
1 Year+6.87%
3 Year+4.34%
5 Year+0.61%
10 Year+2.09%

Asset Allocation

Bonds: 100.00%
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Top Holdings

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TickerNameWeight
-City Of Rochester, Series 2025 D3.20%
-Duluth Mn Econ Dev Auth Hlth Care Facs Revenue2.80%
-Rochester Minn 5% 11/46 5 2.17%
MN STPPOL 4.5 10/01/Saint Paul Mn Port Auth Sol Ws Regd B/e Amt 4.500000002.10%
-Minneapolis-st Paul Metropolitan Airports Commission1.68%
Top 10 Concentration: 18.55%Report Date: Jul 31, 2026
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Dividend Summary

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Dividend Yield (Current)
4.13%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

DMHIX Mutual Fund Overview

DMHIX Mutual Fund (Nomura Minnesota High-Yield Municipal Bond Fund Institutional Class) is managed by Nomura Asset Management Co Ltd with $138.2M in net assets. DMHIX expense ratio is 0.59%, holding 230 positions across sectors including Financials, Health Care, Industrials. Inception date: 2013-12-31.

DMHIX performance shows a YTD return of 0.64%. The 1-year return is 6.87% and the 5-year return is 0.61%. DMHIX dividend yield stands at 4.13%, paid monthly.

DMHIX top holdings include City Of Rochester, Series 2025 D (3.2%), Duluth Mn Econ Dev Auth Hlth Care Facs Revenue (2.8%), Rochester Minn 5% 11/46 5 (2.2%), Saint Paul Mn Port Auth Sol Ws Regd B/e Amt 4.50000000 (2.1%), Minneapolis-st Paul Metropolitan Airports Commission (1.7%). Go to all DMHIX holdings, DMHIX sectors, or DMHIX dividends.

DMHIX can be compared against other funds. Use DMHIX overlap to find shared positions, or DMHIX vs another fund for a side-by-side view. DMHIX alternatives are available via the screener, along with tax-loss harvesting opportunities.