Columbia Tax Exempt Fund Class A Shares (COLTX)

14.09
Net Asset Value
-0.07%
1 Day
+6.42%
Year-to-Date
Overall Morningstar Rating
Muni national long
Style or Category
4.75
Sales Expenses
0.77%
Expense Ratio
Above Average
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.

Performance

1 month+1.16% 3 years+5.56%
3 months+2.35% 5 years+5.89%
1 year+10.92% Since inception+7.55%
Data through --

Peer Comparisonvs. Muni national long

 COLTXCategory
Performance 5-yr return+5.89%+4.64%
Expense ratio0.77%0.97%
Risk 5 year sharpe ratio1.261.15
Net assets$4.0B$1.4B
Average market cap--$34.6B
Average P/E--60.0
Portfolio turnover10%10%

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Fund Management and Purchase Info

Fund familyColumbia
Fund manager & tenureKimberly Campbell / 12 Years
Minimal initial investment$2,000.00
Minimum IRA investment$1,000.00

Holdings

Fixed income99.40%
Cash0.60%
U.S. stock0.00%
International stock0.00%
Other0.00%
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
-- Illinois Dev Fin Auth1.56%
-- Illinois Fin Auth 6.875%1.14%
-- California St Go Bds 5.75%0.98%
-- Sanger Tex Indl Dev Corp Indl Rev Bds 8%0.97%
-- California St Go Refund 4.5%0.94%
-- Gainesville & Hall Cnty Ga Hos Rev 5.5%0.82%
-- New York St Dorm Auth 5.875%0.78%
-- New Jersey Econ Dev Auth 5.5%0.75%
-- Wisconsin St Health & Edl Facs Re 6.625%0.74%
-- Massachusetts St Health & Edl Rev B 5.5%0.73%

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