This paper describes near-zero ultra-flattened chromatic dispersion and low confinement loss that can be achieved from a decagonal photonic crystal fiber (D-PCF). The finite difference method with anisotropic perfectly matched boundary layer (PML) is used for the numerical analysis. It is demonstrated that it is possible to design a four-ring D-PCF with ultra-flattened dispersion of 0 <cd0215e.gif> 0.69 ps/(nm-km) in a 1.30 to 1.75 µm wavelength range and 0 <cd0215e.gif> 0.22 ps/(nm-km) in a 1.35 to 1.65 µm wavelength range with very low confinement losses of order 0.0011 dB/km. The proposed D-PCF shows promising dispersion tolerance.