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Dupree Taxable Municipal Bond Fund (DUTMX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Dupree Taxable Municipal Bond Fund (DUTMX)

Mutual Fund · Currency in USD · Last updated May 31, 2025

The fund seeks to provide a steady flow of taxable income derived from taxable 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 greater than 10 years. The fund generally purchases taxable municipal bonds with nominal maturities typically ranging from 10-30 years.

Fund Info

ISIN

US2661558450

Issuer

Dupree

Inception Date

Nov 1, 2010

Category

Intermediate Core Bond

Min. Investment

$100

Asset Class

Bond

Expense Ratio

DUTMX has a high expense ratio of 1.00%, indicating above-average management fees.

Share Price Chart

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Compare to other instruments

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

Dupree Taxable Municipal Bond Fund

Performance

Performance Chart

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S&P 500

Returns By Period

Dupree Taxable Municipal Bond Fund (DUTMX) returned 0.60% year-to-date (YTD) and 3.83% over the past 12 months. Over the past 10 years, DUTMX returned 0.65% annually, underperforming the S&P 500 benchmark at 10.85%.

DUTMX

YTD

0.60%

1M

-1.36%

6M

-2.34%

1Y

3.83%

3Y*

0.40%

5Y*

-3.11%

10Y*

0.65%

^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 DUTMX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.55%2.83%-0.66%-0.70%-1.36%0.60%
20240.24%-0.97%1.20%-3.37%1.93%1.45%2.02%1.19%1.16%-1.98%1.69%-2.93%1.45%
20234.74%-1.88%2.26%0.89%-0.68%-0.04%-1.22%-0.29%-3.42%-1.73%4.83%3.96%7.25%
2022-2.61%-0.78%-4.84%-7.15%-5.35%-0.04%0.21%-2.74%-5.39%-3.14%4.16%-0.56%-25.27%
2021-0.51%-1.52%-1.82%1.95%0.43%1.61%1.49%-0.06%-1.22%0.92%0.81%-1.21%0.78%
20201.87%1.91%-2.25%0.68%0.39%0.92%1.11%-0.23%0.42%-1.25%2.07%0.52%6.26%
20190.34%-0.11%1.52%0.21%2.19%0.69%0.21%2.62%-0.87%0.01%0.10%-0.37%6.68%
2018-0.72%-0.09%1.01%-0.46%0.62%0.02%-0.36%0.91%-0.37%-0.75%0.62%1.63%2.04%
20170.24%1.05%-0.15%0.50%0.89%0.21%0.22%0.89%-0.26%0.41%0.31%0.71%5.13%
20161.82%0.76%0.40%0.11%0.58%2.32%0.84%0.02%0.01%-0.97%-2.01%0.22%4.11%
20152.15%-1.44%0.55%-0.61%0.32%-1.84%1.55%-0.07%0.86%0.11%0.40%0.13%2.06%
20143.20%0.32%0.51%1.07%1.47%0.59%0.23%2.12%-0.17%0.62%1.24%1.24%13.14%
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 DUTMX is 29, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of DUTMX is 2929
Overall Rank
The Sharpe Ratio Rank of DUTMX is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of DUTMX is 3333
Sortino Ratio Rank
The Omega Ratio Rank of DUTMX is 2828
Omega Ratio Rank
The Calmar Ratio Rank of DUTMX is 2020
Calmar Ratio Rank
The Martin Ratio Rank of DUTMX is 3333
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 Taxable Municipal Bond Fund (DUTMX) 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 Taxable Municipal Bond Fund Sharpe ratios as of May 31, 2025 (values are recalculated daily):

  • 1-Year: 0.49
  • 5-Year: -0.35
  • 10-Year: 0.09
  • All Time: 0.34

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 Taxable Municipal Bond Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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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 Taxable Municipal Bond Fund provided a 4.70% dividend yield over the last twelve months, with an annual payout of $0.34 per share. The fund has been increasing its distributions for 3 consecutive years.

3.00%3.50%4.00%4.50%5.00%5.50%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.34$0.34$0.33$0.31$0.29$0.49$0.54$0.51$0.51$0.57$0.51$0.51

Dividend yield

4.70%4.62%4.38%4.28%2.81%4.70%5.20%5.04%4.89%5.49%4.79%4.66%

Monthly Dividends

The table displays the monthly dividend distributions for Dupree Taxable Municipal Bond Fund. 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$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2023$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
2022$0.02$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.31
2021$0.03$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.29
2020$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.00$0.06$0.08$0.49
2019$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.05$0.05$0.05$0.54
2018$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.51
2017$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.51
2016$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.11$0.57
2015$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.51
2014$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.51

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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Dupree Taxable Municipal Bond Fund. 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 Taxable Municipal Bond Fund was 30.53%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current Dupree Taxable Municipal Bond Fund drawdown is 19.58%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.53%Dec 6, 2021223Oct 24, 2022———
-9.35%Nov 10, 201025Dec 15, 2010142Jul 11, 2011167
-8.47%May 2, 201378Aug 21, 2013194May 30, 2014272
-7.59%Mar 10, 202011Mar 24, 2020324Jul 7, 2021335
-4.55%Jul 11, 2016113Dec 16, 2016127Jun 21, 2017240
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.

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