Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Columbia Tax-Exempt Fund (COLTX)

Net Asset Value
1 Day
Overall Morningstar Rating
Muni national long
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks total return, consisting of current income exempt from federal income tax and of capital appreciation, consistent with moderate fluctuation of principal. Under normal circumstances, the fund invests at least 80% of its total net assets (including the amount of any borrowings for investment purposes) in bonds that pay interest exempt from federal income tax (including the federal alternative minimum tax). It invests at least 65% of its total assets in tax-exempt bonds that, at the time of purchase, are rated investment grade or are unrated but determined to be of comparable quality. The fund may invest in bonds of any maturity.


1 month+0.40% 3 years+2.82%
3 months+2.15% 5 years+2.71%
1 year-1.03% Since inception+4.37%
Data through --

Peer Comparisonvs. Muni national long

Performance 5-yr return+2.71%+3.27%
Expense ratio1.47%0.90%
Risk 5 year sharpe ratio0.650.73
Net assets$3.8B$1.7B
Average market cap--$21.0B
Average P/E--10.3
Portfolio turnover14%14%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyColumbia
Fund manager & tenureKimberly Campbell / 15 Years
Minimal initial investment$2,000.00
Minimum IRA investment$1,000.00


Fixed income99.73%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service 100.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Financial service 0.00%
Top 10 Holdings
Portfolio weighting
-- 1.72%
-- 1.18%
-- 0.94%
-- 0.85%
-- 0.84%
-- 0.78%
-- 0.75%
-- 0.75%
-- 0.73%
-- 0.72%