DMHIX Mutual Fund

NAV$9.91

Fund Essentials - as of Feb 27, 2026

Net Assets
$138M
Expense Ratio
0.59%
Dividend Yield (Current)
3.70%
Holdings
224
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+3.54%
1 Year+9.72%
3 Year+4.91%
5 Year+1.31%
10 Year+2.39%

Asset Allocation

Bonds: 100.00%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
-Duluth Mn Econ Dev Auth Hlth C 5 02/15/20583.01%
-City Of Rochester, Series 2025 D2.90%
MN STPPOL 4.5 10/01/Saint Paul Port Authority, Minnesota, Solid Waste Disposal Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-72.31%
-Minneapolis-st Paul Metropolitan Airports Commission1.80%
MN MNS 5 08/01/2043State of Minnesota 5.0% 08/01/20431.57%
Top 10 Concentration: 18.11%Report Date: Feb 27, 2026
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Dividend Summary

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Dividend Yield (Current)
3.70%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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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 224 positions across sectors including Financials, Industrials, Health Care. Inception date: 2013-12-31.

DMHIX performance shows a YTD return of 3.54%. The 1-year return is 9.72% and the 5-year return is 1.31%. DMHIX dividend yield stands at 3.70%, paid monthly.

DMHIX top holdings include Duluth Mn Econ Dev Auth Hlth C 5 02/15/2058 (3.0%), City Of Rochester, Series 2025 D (2.9%), Saint Paul Port Authority, Minnesota, Solid Waste Disposal Revenue Bonds, Gerdau Saint Paul Steel Mill Project, Series 2012-7 (2.3%), Minneapolis-st Paul Metropolitan Airports Commission (1.8%), State of Minnesota 5.0% 08/01/2043 (1.6%). View all DMHIX holdings, sector breakdown, or dividend history.

DMHIX can be compared against other funds using the overlap calculator or side-by-side comparison tool. DMHIX alternatives are available via the screener, along with tax-loss harvesting opportunities.