DUALX — Alabama Tax-Free Income Series
Data updated: 2026-07-27
DUALX — Alabama Tax-Free Income Series data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $18.26M AUM · 0.86% expense ratio · 8.5% 1-yr return. From SEC regulatory filings.
DUALX Fund Overview
DUALX — Alabama Tax-Free Income Series is a US mutual fund managed by Dupree Mutual Funds, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Dupree Mutual Funds
- Category: Long Municipal - National Bond
- Assets under management: $18.26M
- 1-year return: 8.5%
- Ticker: DUALX
- SEC CIK: 0000311101
- SEC series ID: S000011998
- Share class ID: C000032726
DUALX Holdings
Top 10 holdings of Alabama Tax-Free Income Series by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Alabama Housing Finance Authority (al) | 5.18% |
| Jefferson County Board Of Education (al) | 4.31% |
| Florence Ala Pub Edl Bldg Auth | 3.35% |
| Birmingham Jefferson Ala Civic Ctr Auth | 2.93% |
| Board Of Trustees Of The University Of Alabama (the) (al) | 2.85% |
| Bullock Cnty Ala Pub Bldg Auth | 2.74% |
| St Clair Cnty Ala Brd Ed | 2.72% |
| Birmingham Jefferson Civic Center Authority (al) | 2.25% |
| Limestone County Water & Sewer Authority (al) | 2.19% |
| Irondale Ala Pub Bldg Auth | 2.17% |
DUALX Portfolio Allocation
Asset-class allocation of Alabama Tax-Free Income Series by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 96.4% |
DUALX Performance
Total returns for DUALX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.9% |
| 1 year | 8.5% |
| 3 years (annualised) | 3.4% |
| 5 years (annualised) | 0.6% |
DUALX Risk Information
Risk metrics for DUALX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.8%
DUALX Costs and Fees
DUALX costs about $86 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.86%
- Gross expense ratio: 0.86%
- Portfolio turnover: 20%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
DUALX Cashflows
Over the 12 months to 2026-03, Alabama Tax-Free Income Series had net outflows of $1.20M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $32.03K |
| 2026-02 | −$376.63K |
| 2026-01 | $75.35K |
| 2025-12 | $506.27K |
| 2025-11 | −$1.32M |
| 2025-10 | $296.43K |
DUALX Debt Constituents
Largest debt holdings of Alabama Tax-Free Income Series by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Alabama Housing Finance Authority (al) | 5.18% |
| Jefferson County Board Of Education (al) | 4.31% |
| Florence Ala Pub Edl Bldg Auth | 3.35% |
| Birmingham Jefferson Ala Civic Ctr Auth | 2.93% |
| Board Of Trustees Of The University Of Alabama (the) (al) | 2.85% |
| Bullock Cnty Ala Pub Bldg Auth | 2.74% |
| St Clair Cnty Ala Brd Ed | 2.72% |
| Birmingham Jefferson Civic Center Authority (al) | 2.25% |
| Limestone County Water & Sewer Authority (al) | 2.19% |
| Irondale Ala Pub Bldg Auth | 2.17% |
DUALX Prospectus and SEC Filings
Official Alabama Tax-Free Income Series filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.