Columbia Tax-Exempt Inst2 (CADMX)
| Fund Assets | 1.75B |
| Expense Ratio | 0.53% |
| Min. Investment | $0.00 |
| Turnover | 22.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 4.06% |
| Dividend Growth | 0.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.27 |
| YTD Return | -4.04% |
| 1-Year Return | -2.90% |
| 5-Year Return | -1.50% |
| 52-Week Low | 11.06 |
| 52-Week High | 12.19 |
| Beta (5Y) | n/a |
| Holdings | 460 |
| Inception Date | n/a |
About CADMX
Columbia Tax-Exempt Fund Institutional 2 is a municipal bond mutual fund designed for investors seeking federally tax-exempt income. This fund primarily invests in investment-grade municipal bonds issued by state and local governments across the United States, diversifying its holdings to reduce exposure to any single state or sector. The portfolio targets the Muni National Long category, generally implying a long duration and an average maturity exceeding 12 years, which can appeal to investors focused on long-term, tax-advantaged returns. Launched in 2013, Columbia Tax-Exempt Fund Institutional 2 aims to deliver a high level of after-tax total return with prudent risk management by balancing current income exempt from federal tax with opportunities for long-term capital appreciation. Notable features include a relatively low expense ratio and a monthly dividend payout, supporting consistent income needs. With sizeable fund assets and a broad portfolio that typically holds hundreds of securities, the fund plays a significant role in the municipal bond market, offering institutional and high-net-worth investors exposure to tax-efficient fixed income investments while helping finance public infrastructure and community projects nationwide.
Performance
CADMX had a total return of -2.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.49%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
10.99% of assets| Name | Symbol | Weight |
|---|---|---|
| PENNSYLVANIA ECONOMIC DEV FING AUTH UPMC REV 4% | PA.PASMED 4 11.15.2042 | 1.52% |
| PORT PORTLAND ORE ARPT REV 5.5% | OR.PTPAPT 5.5 07.01.2053 | 1.49% |
| TEXAS PRIVATE ACTIVITY BD SURFACE TRANSN CORP REV 5% | TX.TXSTRN 5 06.30.2058 | 1.13% |
| ILLINOIS ST 5.5% | IL.ILS 5.5 03.01.2047 | 1.09% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 06.01.2053 | 1.07% |
| NEBRASKA EDL HEALTH CULTURAL & SOCIAL SVCS FIN AUTH REV 4% | NE.NESEDU 4 01.01.2049 | 0.99% |
| LOUISIANA PUB FACS AUTH DOCK & WHARF REV 6.5% | LA.LASFAC 6.5 07.01.2036 | 0.95% |
| NORTHAMPTON CNTY PA GEN PURP AUTH HOSP REV 4% | PA.NORMED 4 08.15.2048 | 0.95% |
| NEW JERSEY ECONOMIC DEV AUTH REV 5% | NJ.NJSDEV 5 11.01.2052 | 0.91% |
| COLUMBUS OHIO REGL ARPT AUTH REV 5.5% | OH.COLAPT 5.5 01.01.2050 | 0.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0407 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03704 | Jun 30, 2025 |
| May 30, 2025 | $0.03934 | May 30, 2025 |
| Apr 30, 2025 | $0.03814 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03909 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03497 | Feb 28, 2025 |