Dupree Mutual Funds Tennessee Tax-Free Income Series

Frequently Asked Questions About TNTIX

What does TNTIX invest in?

This fund employs an investment strategy whereby a substantial portion — at least 80% — of its income is intended to be free from both federal and Tennessee income taxation. As an alternative, its portfolio design dictates that a minimum of 80% of its net assets will be held in securities that are similarly exempt from federal and Tennessee income taxes.

What is the expense ratio of TNTIX?

Dupree Mutual Funds Tennessee Tax-Free Income Series (TNTIX) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations.

What is TNTIX's dividend yield?

TNTIX's trailing-twelve-month yield is 3.85%, calculated from the sum of dividends over the past year divided by the current price.

How big is TNTIX?

Dupree Mutual Funds Tennessee Tax-Free Income Series (TNTIX) manages $49.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is TNTIX actively managed or an index fund?

TNTIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was TNTIX launched?

Dupree Mutual Funds Tennessee Tax-Free Income Series (TNTIX) launched in December 1993 and is managed by the fund issuer.