# Nomura Tax-Free Minnesota Institutional (DMNIX)

> Source: Nexqual · https://nexqual.com/DMNIX · data as of 2026-10-24 00:01 UTC · cite as "Nexqual, Nomura Tax-Free Minnesota Institutional (DMNIX), nexqual.com/DMNIX" · informational, not investment advice.

**Price:** USD 10.54 (+0.38% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 10.5 · day 10.54–10.54 · 52w 10.13–11.32 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y -2.0% vs S&P 500 +13.4%; 5Y -0.5% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -2.0% | -0.5% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -2.0% | -0.1% |
| Volatility (annualized) | 5.0% | 6.3% |
| Max drawdown | -9.4% (Jul 2026→Sep 2026) | -14.1% (Dec 2021→Oct 2023) |

## Peers
DMHIX (Delaware Minnesota High Yield M) USD 9.45 +0.00% · FAMTX (Nuveen MN Intermediate Municipa) USD 9.43 -0.00% · WMTIX (Wells Fargo Minnesota Tax-Free ) USD 9.74 +0.00% · EIMNX (Eaton Vance Minnesota Municipal) USD 8.48 +0.00% · FYMNX (Nuveen Minnesota Municipal Bd  ) USD 10.25 +0.00%

## More
Full page: https://nexqual.com/DMNIX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt