Dupree Taxable Municipal Bond Fund (DUTMX)

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The chart shows the growth of an initial investment of $10,000 in Dupree Taxable Municipal Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Dupree Taxable Municipal Bond Fund (DUTMX) has returned 0.30% so far this year and 3.94% over the past 12 months. Over the last ten years, DUTMX has returned 0.53% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Nov 4, 2010, DUTMX's average daily return is +0.01%, while the average monthly return is +0.23%. At this rate, your investment would double in approximately 25.1 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2023 with a return of +4.8%, while the worst month was Apr 2022 at -7.2%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 7 months.

On a daily basis, DUTMX closed higher 46% of trading days. The best single day was Nov 11, 2010 with a return of +4.9%, while the worst single day was Nov 12, 2010 at -5.2%.

Dupree Taxable Municipal Bond Fund has an annualized alpha of 3.85%, beta of -0.07, and R² of 0.03 versus S&P 500 Index. Calculated based on daily prices since November 05, 2010.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (10.44%) than losses (4.15%) — typical of diversified or defensive assets.
• Beta of -0.07 may look defensive, but with R² of 0.03 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.03 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

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

DUTMX ranks 28 for risk / return — below 28% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Dupree Taxable Municipal Bond Fund (DUTMX) and compare them to a chosen benchmark (S&P 500 Index).

Dupree Taxable Municipal Bond Fund provided a 4.13% dividend yield over the last twelve months, with an annual payout of $0.31 per share. The fund has been increasing its distributions for 2 consecutive years.

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.

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.

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 15.30%.

The chart below shows the rolling one-month volatility.