PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
Dupree Mississippi Tax-Free Income Series (DUMSX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Dupree Mississippi Tax-Free Income Series (DUMSX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

The fund seeks to provide a steady flow of tax-exempt income derived from Mississippi municipal securities of investment grade quality (those rated BBB or Baa or higher by U.S. nationally recognized rating services at the time of purchase) with a weighted average nominal maturity normally 10 years or greater. It is non-diversified.

Fund Info

ISIN

US2661558781

CUSIP

266155878

Issuer

Dupree

Inception Date

Dec 30, 1999

Category

Municipal Bonds

Min. Investment

$100

Asset Class

Bond

Expense Ratio

DUMSX has an expense ratio of 0.70%, placing it in the medium range.

Share Price Chart

Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Dupree Mississippi Tax-Free Income Series

Performance

Performance Chart

Loading data...

S&P 500

Returns By Period

Dupree Mississippi Tax-Free Income Series (DUMSX) returned -1.15% year-to-date (YTD) and 1.09% over the past 12 months. Over the past 10 years, DUMSX returned 1.51% annually, underperforming the S&P 500 benchmark at 10.85%.

DUMSX

YTD

-1.15%

1M

-0.10%

6M

-1.98%

1Y

1.09%

3Y*

0.81%

5Y*

-0.31%

10Y*

1.51%

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of DUMSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.54%0.79%-1.81%-0.19%-0.46%-1.15%
2024-0.30%-0.05%-0.04%-0.85%-0.41%1.42%0.24%0.71%0.88%-1.36%1.34%-1.09%0.44%
20231.84%-1.71%1.58%-0.15%-0.78%0.66%0.22%-1.06%-2.17%-0.34%4.75%1.58%4.31%
2022-2.28%-0.26%-2.75%-2.16%0.63%-1.13%1.61%-1.66%-3.57%-0.54%3.95%0.16%-7.93%
20210.27%-1.28%0.84%0.91%0.27%0.02%0.66%-0.46%-0.56%-0.16%0.73%0.10%1.32%
20201.36%1.25%-2.19%-0.78%2.53%0.27%1.16%-0.61%-0.06%-0.40%1.35%0.23%4.08%
20190.66%0.46%1.32%0.06%1.23%0.39%0.63%1.44%-0.84%0.06%0.13%0.18%5.85%
2018-1.15%-0.45%0.32%-0.44%0.83%0.14%-0.02%0.24%-0.61%-0.61%1.09%1.00%0.31%
20170.07%0.56%0.33%0.48%1.57%-0.26%0.73%0.64%-0.35%-0.10%-0.44%1.29%4.59%
20160.99%-12.44%14.85%0.81%0.25%1.28%-0.17%0.16%-0.49%-0.74%-3.12%1.21%0.67%
20152.05%-1.30%0.34%-0.81%-0.06%-0.24%0.84%0.09%0.83%0.09%0.58%0.94%3.36%
20142.29%1.14%0.36%1.20%1.27%-0.16%0.18%1.68%0.17%0.35%0.43%1.27%10.66%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of DUMSX is 16, meaning it’s performing worse than 84% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of DUMSX is 1616
Overall Rank
The Sharpe Ratio Rank of DUMSX is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of DUMSX is 1313
Sortino Ratio Rank
The Omega Ratio Rank of DUMSX is 1515
Omega Ratio Rank
The Calmar Ratio Rank of DUMSX is 1515
Calmar Ratio Rank
The Martin Ratio Rank of DUMSX is 1919
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Dupree Mississippi Tax-Free Income Series (DUMSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Dupree Mississippi Tax-Free Income Series Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 0.16
  • 5-Year: -0.08
  • 10-Year: 0.22
  • All Time: 0.52

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Dupree Mississippi Tax-Free Income Series compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Dupree Mississippi Tax-Free Income Series provided a 3.09% dividend yield over the last twelve months, with an annual payout of $0.33 per share. The fund has been increasing its distributions for 2 consecutive years.

2.20%2.40%2.60%2.80%3.00%3.20%3.40%$0.00$0.10$0.20$0.30$0.4020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.33$0.32$0.28$0.26$0.28$0.31$0.34$0.33$0.34$0.36$0.37$0.41

Dividend yield

3.09%2.89%2.46%2.32%2.29%2.53%2.76%2.79%2.82%2.97%3.04%3.37%

Monthly Dividends

The table displays the monthly dividend distributions for Dupree Mississippi Tax-Free Income Series. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.03$0.03$0.03$0.03$0.00$0.12
2024$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.32
2023$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.28
2022$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.26
2021$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.04$0.28
2020$0.03$0.02$0.03$0.03$0.03$0.02$0.02$0.02$0.02$0.00$0.05$0.05$0.31
2019$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.34
2018$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.33
2017$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.34
2016$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.36
2015$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.37
2014$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.06$0.41

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

Loading data...

Worst Drawdowns

The table below displays the maximum drawdowns of the Dupree Mississippi Tax-Free Income Series. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Dupree Mississippi Tax-Free Income Series was 13.01%, occurring on Feb 29, 2016. Recovery took 25 trading sessions.

The current Dupree Mississippi Tax-Free Income Series drawdown is 4.99%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.01%Feb 12, 201611Feb 29, 201625Apr 5, 201636
-12.15%Aug 6, 2021309Oct 26, 2022———
-11.78%Sep 12, 200824Oct 15, 200861Jan 13, 200985
-9.18%Sep 29, 20044Oct 4, 20048Oct 14, 200412
-8.66%Mar 10, 20209Mar 20, 202091Jul 30, 2020100
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

Loading data...