Information Statement – April 25, 2025

April 25, 2025 | Miscellaneous

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Before investing, carefully consider a fund’s investment objectives, risks, charges, and expenses. For this and other information that should be read carefully, please view the Prospectus and Statement of Additional Information.

NOT FDIC INSURED

MAY LOSE VALUE

NO BANK GUARANTEE

The information on this website is intended for U.S. residents only and does not constitute a solicitation of an offer to buy or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer. Dupree Mutual Funds are not available in all 50 states. Please see the Prospectus for guidance on where Dupree Mutual Funds are available to investors.

A “No-Load” mutual fund is one that is offered by an open-end investment company that imposes no sales charge (load) to purchase or redeem shares. Investors can buy and sell shares directly from the fund company rather than through a broker.

Dupree’s single state bond funds offer dividend income that is “tax free” from federal and state income taxes (and AMT) in the state corresponding to each fund. Residents of states other than the state “named” in the title of the fund still receive dividend income free from federal income taxes (and AMT) but may be taxed at the state level. A redemption or exchange of fund shares and any capital gains distributed by the Dupree Mutual Funds may be taxable.

Investment decisions should be made based on an investor’s objectives and circumstances and in consultation with their advisors. Dupree Mutual Funds does not provide tax or legal advice. Securities are offered through the Funds’ Transfer Agent, Dupree & Company, Inc., which is a FINRA member. For more information about Dupree & Company, Inc., please visit BrokerCheck^® by FINRA.