DVFTX Performance — Macquarie Tax-Free California Fund, Class C
Data updated: 2026-07-27
DVFTX returned +1.81% year to date and +6.42% over one year to May 2026. Annualised returns are +3.31% over 3 years and −0.13% over 5 years. The fund trailed its Long-Term Municipal Bond category average: $100 invested three years ago grew to $110, against $112 for the category, and to $106 over one year, against $107. Volatility over the past three years was 8.20% a year. In the 12 months to May 2026 the fund lost a net $18.0M, and assets reached $279.83M.
DVFTX Growth of $100
What $100 invested in Macquarie Tax-Free California Fund 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 | DVFTX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $107 |
| 3 years (Jun 2023 – May 2026) | $110 | $112 |
| 5 years (Jun 2021 – May 2026) | $99 | $103 |
| Since data start (Sep 2019 – May 2026) | $105 | $109 |
DVFTX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.81% |
| 1 year | +6.42% |
| 3 years (annualised) | +3.31% |
| 5 years (annualised) | −0.13% |
DVFTX Annual Returns
Calendar-year total returns of Macquarie Tax-Free California Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.81% |
| 2025 | +0.11% |
| 2024 | +1.94% |
| 2023 | +8.44% |
| 2022 | −13.04% |
| 2021 | +3.39% |
| 2020 | +4.40% |
| 2019 (Sep–Dec) | −0.49% |
DVFTX 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 | +0.6% | +1.5% | −2.6% | +1.6% | +0.7% | — | — | — | — | — | — | — |
| 2025 | −0.1% | +1.2% | −2.6% | −1.8% | −0.9% | +0.4% | −1.4% | +0.8% | +4.1% | +1.2% | +0.3% | −0.8% |
| 2024 | +0.1% | +0.2% | 0.0% | −1.6% | +0.3% | +2.1% | +0.9% | +0.7% | +1.4% | −1.9% | +1.8% | −1.8% |
| 2023 | +4.2% | −3.5% | +1.9% | +0.5% | −0.8% | +1.4% | +0.2% | −1.8% | −4.0% | −2.6% | +9.5% | +3.8% |
| 2022 | −2.9% | −0.6% | −3.3% | −4.0% | +1.5% | −3.6% | +3.6% | −2.6% | −6.2% | −1.5% | +6.8% | −0.4% |
| 2021 | +0.9% | −1.3% | +0.6% | +1.0% | +0.8% | +0.6% | +0.8% | −0.5% | −0.9% | −0.3% | +1.1% | +0.6% |
| 2020 | +2.1% | +1.8% | −7.3% | −1.6% | +3.0% | +2.5% | +1.7% | −0.5% | −0.1% | −0.1% | +2.2% | +1.0% |
| 2019 | — | — | — | — | — | — | — | — | −0.7% | −0.1% | +0.1% | +0.2% |
DVFTX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 8.20%
- 3-year Sharpe ratio: -0.15 (vs 4.5% risk-free rate)
- Best month: +9.50% (Nov 2023)
- Worst month: −3.95% (Sep 2023)
DVFTX Fund Flows
Monthly money in and out of Macquarie Tax-Free California Fund, from SEC Form N-PORT.
- 12-month net flow: −$18.0M
- 12-month gross sales (incl. reinvestments): $107.4M
- Sales ÷ redemptions: 0.86×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $4.0M | $5.6M | −$1.6M |
| Apr 2026 | $5.8M | $4.1M | $1.7M |
| Mar 2026 | $7.8M | $13.2M | −$5.4M |
| Feb 2026 | $10.5M | $5.1M | $5.4M |
| Jan 2026 | $23.0M | $6.7M | $16.3M |
| Dec 2025 | $9.4M | $30.2M | −$20.9M |
| Nov 2025 | $9.0M | $7.3M | $1.7M |
| Oct 2025 | $6.1M | $15.0M | −$9.0M |
| Sep 2025 | $9.5M | $6.0M | $3.6M |
| Aug 2025 | $10.8M | $13.1M | −$2.3M |
| Jul 2025 | $8.1M | $12.6M | −$4.4M |
| Jun 2025 | $3.2M | $6.4M | −$3.2M |
DVFTX Assets Under Management
Net assets of Macquarie Tax-Free California Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-29 | $279.83M |
| 2026-02-27 | $288.68M |
| 2025-11-28 | $286.34M |
| 2025-08-29 | $276.89M |
| 2025-05-30 | $289.80M |
| 2025-02-28 | $320.94M |
| 2024-11-29 | $317.34M |
| 2024-08-30 | $287.11M |
| 2024-05-31 | $255.00M |
| 2024-02-29 | $247.24M |
| 2023-11-30 | $218.61M |
| 2023-08-31 | $203.61M |
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.