DUTMX Performance — Taxable Municipal Bond Series
Data updated: 2026-10-13
DUTMX returned −3.71% year to date and −2.92% over one year to Sep 2026. Annualised returns are +3.63% over 3 years and −3.50% over 5 years. Against its Long-Term Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $111, against $109 for the category, and to $97 over one year, against $97. Volatility over the past three years was 6.69% a year. In the 12 months to Jun 2026 the fund lost a net $248K, and assets reached $2.61M.
DUTMX Growth of $100
What $100 invested in Taxable Municipal Bond Series grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | DUTMX | Category average |
|---|---|---|
| 1 year (Oct 2025 – Sep 2026) | $97 | $97 |
| 3 years (Oct 2023 – Sep 2026) | $111 | $109 |
| 5 years (Oct 2021 – Sep 2026) | $84 | $96 |
| Since data start (Jul 2019 – Sep 2026) | $91 | $105 |
DUTMX Trailing Returns
Total returns to Sep 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −3.71% |
| 1 year | −2.92% |
| 3 years (annualised) | +3.63% |
| 5 years (annualised) | −3.50% |
DUTMX Annual Returns
Calendar-year total returns of Taxable Municipal Bond Series, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Sep) | −3.71% |
| 2025 | +6.37% |
| 2024 | +1.44% |
| 2023 | +7.24% |
| 2022 | −25.27% |
| 2021 | +0.78% |
| 2020 | +6.25% |
| 2019 (Jul–Dec) | +1.66% |
DUTMX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.1% | +2.6% | −1.9% | −0.4% | +0.4% | +1.1% | −2.3% | +0.5% | −3.6% | — | — | — |
| 2025 | +0.5% | +2.8% | −0.7% | −0.7% | −1.0% | +1.9% | −0.1% | +0.9% | +1.7% | +0.9% | +0.5% | −0.6% |
| 2024 | +0.2% | −1.0% | +1.2% | −3.4% | +1.9% | +1.4% | +2.0% | +1.2% | +1.2% | −2.0% | +1.7% | −2.9% |
| 2023 | +4.8% | −1.9% | +2.2% | +0.9% | −0.7% | 0.0% | −1.2% | −0.3% | −3.4% | −1.7% | +4.8% | +4.0% |
| 2022 | −2.6% | −0.8% | −4.8% | −7.1% | −5.6% | −0.1% | +0.5% | −2.8% | −5.4% | −3.1% | +4.2% | −0.6% |
| 2021 | −0.5% | −1.5% | −1.8% | +1.9% | +0.4% | +1.6% | +1.5% | −0.1% | −1.2% | +0.9% | +0.8% | −1.2% |
| 2020 | +1.9% | +1.9% | −2.2% | +0.7% | +0.4% | +0.9% | +1.1% | −0.2% | +0.4% | −0.9% | +1.8% | +0.5% |
| 2019 | — | — | — | — | — | — | +0.2% | +2.6% | −0.9% | 0.0% | +0.1% | −0.4% |
DUTMX Risk
Risk measures from monthly returns over Oct 2023 – Sep 2026.
- 3-year volatility (annualised): 6.69%
- 3-year Sharpe ratio: -0.13 (vs 4.5% risk-free rate)
- Best month: +4.83% (Nov 2023)
- Worst month: −3.65% (Sep 2026)
DUTMX Fund Flows
Monthly money in and out of Taxable Municipal Bond Series, from SEC Form N-PORT.
- 12-month net flow: −$248K
- 12-month gross sales (incl. reinvestments): $497K
- Sales ÷ redemptions: 0.67×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $37K | $34K | $3K |
| May 2026 | $7K | $2K | $5K |
| Apr 2026 | $7K | $157K | −$149K |
| Mar 2026 | $8K | $4K | $4K |
| Feb 2026 | $7K | $12K | −$5K |
| Jan 2026 | $8K | $123K | −$115K |
| Dec 2025 | $265K | $277K | −$12K |
| Nov 2025 | $8K | $120K | −$112K |
| Oct 2025 | $121K | $8K | $112K |
| Sep 2025 | $9K | $5K | $3K |
| Aug 2025 | $11K | $882 | $10K |
| Jul 2025 | $11K | $1K | $9K |
DUTMX Assets Under Management
Net assets of Taxable Municipal Bond Series by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-09-30 | $2.61M |
| 2026-06-30 | $3.05M |
| 2026-03-31 | $3.19M |
| 2025-12-31 | $3.32M |
| 2025-09-30 | $3.45M |
| 2025-06-30 | $3.38M |
| 2025-03-31 | $3.44M |
| 2024-12-31 | $3.45M |
| 2024-09-30 | $3.62M |
| 2024-06-30 | $3.50M |
| 2024-03-31 | $3.72M |
| 2023-12-31 | $3.76M |
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.