Columbia Minnesota Tax-Exempt Inst2 (CADOX)
| Fund Assets | 460.81M |
| Expense Ratio | 0.56% |
| Min. Investment | $2,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 3.43% |
| Dividend Growth | 1.25% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 19.42 |
| YTD Return | 0.40% |
| 1-Year Return | -0.02% |
| 5-Year Return | -0.80% |
| 52-Week Low | 18.28 |
| 52-Week High | 20.08 |
| Beta (5Y) | n/a |
| Holdings | 246 |
| Inception Date | Dec 11, 2013 |
About CADOX
Columbia Minnesota Tax-Exempt Fund Institutional 2 Class is a mutual fund designed to provide investors with a high level of income that is generally exempt from both U.S. federal and Minnesota state and local income taxes. The fund primarily invests at least 80% of its assets in municipal debt obligations issued by the State of Minnesota and its local agencies, which are typically used to finance public projects such as schools, infrastructure, and other essential services. Suitable for investors seeking tax-advantaged income, especially Minnesota residents, the fund does not focus on a particular maturity range and may hold bonds of varying durations. Managed by a team of experienced professionals, the fund pursues yield and total return potential by selectively incorporating lower-rated securities within its portfolio, making it a non-diversified offering within the municipal bond category. The fund’s performance is evaluated against relevant municipal bond indices and its peer group, underscoring its role as a specialized fixed income instrument that addresses the needs for tax-exempt income within the state-focused municipal bond market.
Performance
CADOX had a total return of -0.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.44%.
Top 10 Holdings
18.62% of assets| Name | Symbol | Weight |
|---|---|---|
| ROCHESTER MINN HEALTH CARE FACS REV 5% | MN.ROCMED 5 11.15.2057 | 2.79% |
| ROSEVILLE MINN INDPT SCH DIST NO 623 4% | n/a | 2.14% |
| BRAINERD MINN INDPT SCH DIST NO 181 4% | n/a | 2.10% |
| MAPLE GROVE MINN HEALTH CARE FACS REV 4% | MN.MGRMED 4 05.01.2037 | 2.09% |
| SOUTHERN MINN MUN PWR AGY PWR SUPPLY SYS REV 0% | n/a | 2.07% |
| MINNESOTA ST HIGHER ED FACS AUTH REV 5% | n/a | 1.68% |
| CHIPPEWA CNTY MINN GROSS REV 4% | MN.CHP 4 03.01.2037 | 1.53% |
| MINNEAPOLIS MINN HEALTH CARE SYS REV 4% | n/a | 1.41% |
| MINNESOTA ST 4% | n/a | 1.41% |
| STILLWATER MINN INDPT SCH DIST NO 834 4% | n/a | 1.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.05624 | Aug 29, 2025 |
| Jul 31, 2025 | $0.05674 | Jul 31, 2025 |
| Jun 30, 2025 | $0.05439 | Jun 30, 2025 |
| May 30, 2025 | $0.05754 | May 30, 2025 |
| Apr 30, 2025 | $0.05571 | Apr 30, 2025 |
| Mar 31, 2025 | $0.05611 | Mar 31, 2025 |