Columbia Total Return Municipal Income Fund Institutional 2 Class (CADMX)
| Fund Assets | 1.70B |
| Expense Ratio | 0.53% |
| Min. Investment | $0.00 |
| Turnover | 28.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 3.88% |
| Dividend Growth | -1.06% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 11.81 |
| YTD Return | 1.19% |
| 1-Year Return | 4.23% |
| 5-Year Return | 3.31% |
| 52-Week Low | 10.70 |
| 52-Week High | 11.82 |
| Beta (5Y) | n/a |
| Holdings | 431 |
| Inception Date | Dec 11, 2013 |
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 4.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.28%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03949 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03849 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03701 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03812 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03698 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03908 | Aug 29, 2025 |