DTIDX Fees and Costs — Macquarie Tax-Free Idaho Fund, Institutional Class
Data updated: 2026-07-27
The net expense ratio is 0.61%: a 0.55% management fee plus 0.26% other expenses, less a 0.20% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 16%.
DTIDX Fees and Expenses
Annual operating expenses and sales charges of DTIDX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.26% |
| Gross expense ratio | 0.81% |
| Fee waiver | −0.20% |
| Net expense ratio | 0.61% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DTIDX Costs Over Time
On $10,000 invested in DTIDX, assuming 5% a year before costs, total costs come to $385 over 5 years, cutting the return by 0.64% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.61%) | $64 | $201 | $349 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $211 | $385 |
| Value after costs | $10,436 | $11,366 | $12,378 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
DTIDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $54.6M
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
DTIDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $11.9M | 26.77% |
| WELLS FARGO SECURITIES, LLC | $8.8M | 19.77% |
| BOFA SECURITIES, INC. | $7.0M | 15.77% |
| J.P. Morgan Securities LLC | $5.4M | 12.11% |
| HILLTOP SECURITIES INC. | $2.5M | 5.69% |
| BARCLAYS CAPITAL, INC. | $2.1M | 4.62% |
| PIPER SANDLER & CO. | $2.0M | 4.54% |
| Fifth Third Securities, Inc. | $1.7M | 3.74% |
| RBC CAPITAL MARKETS, LLC | $1.7M | 3.72% |
| D.A. DAVIDSON & CO. | $1.5M | 3.27% |
Macquarie Tax-Free Idaho Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DTIDX | Institutional Class | 0.61% | none |
| VIDAX | Class A | 0.86% | 4.50% |
| DVICX | Class C | 1.61% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.