DMHIX Mutual Fund

DMHIX Mutual Fund

NAV$9.80
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Fund Essentials - as of May 29, 2026

Net Assets
$138M
Expense Ratio
0.59%
Dividend Yield (Current)
3.78%
Holdings
223
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+1.12%
1 Year+8.35%
3 Year+4.10%
5 Year+0.72%
10 Year+2.16%

Asset Allocation

Bonds: 100.00%
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Top Holdings

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TickerNameWeight
-City Of Rochester, Series 2025 D3.26%
-Duluth Mn Econ Dev Auth Hlth Care Facs Revenue2.88%
-Rochester Minn 5% 11/46 5 2.24%
MN STPPOL 4.5 10/01/Saint Paul Mn Port Auth Sol Ws Regd B/e Amt 4.500000002.19%
-Minneapolis-st Paul Metropolitan Airports Commission1.73%
Top 10 Concentration: 19.01%Report Date: May 29, 2026
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Dividend Summary

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Dividend Yield (Current)
3.78%
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 223 positions across sectors including Financials, Industrials, Health Care. Inception date: 2013-12-31.

DMHIX performance shows a YTD return of 1.12%. The 1-year return is 8.35% and the 5-year return is 0.72%. DMHIX dividend yield stands at 3.78%, paid monthly.

DMHIX top holdings include City Of Rochester, Series 2025 D (3.3%), Duluth Mn Econ Dev Auth Hlth Care Facs Revenue (2.9%), Rochester Minn 5% 11/46 5 (2.2%), Saint Paul Mn Port Auth Sol Ws Regd B/e Amt 4.50000000 (2.2%), 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.