Columbia Minnesota Tax-Exempt Inst2 (CADOX)
| Fund Assets | 480.17M |
| Expense Ratio | 0.56% |
| Min. Investment | $2,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.66 |
| Dividend Yield | 3.36% |
| Dividend Growth | -0.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 19.70 |
| YTD Return | 0.05% |
| 1-Year Return | 4.21% |
| 5-Year Return | 1.48% |
| 52-Week Low | 17.81 |
| 52-Week High | 19.80 |
| Beta (5Y) | n/a |
| Holdings | 237 |
| 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 4.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.12%.
Top 10 Holdings
19.03% of assets| Name | Symbol | Weight |
|---|---|---|
| ROCHESTER MINN - City of Rochester MN | MN.ROCMED 5 11.15.2057 | 2.79% |
| MAPLE GROVE MINN HEALTH CARE FACS REV - City of Maple Grove MN | MN.MGRMED 4 05.01.2037 | 2.15% |
| ROSEVILLE MINN INDPT SCH DIST NO 623 - Roseville Independent School District No 623 | MN.ROSSCD 4 02.01.2038 | 2.10% |
| SOUTHERN MINN MUN PWR AGY - Southern Minnesota Municipal Power Agency | MN.SOUPWR 0 01.01.2026 | 2.07% |
| BRAINERD MINN INDPT SCH DIST NO 181 - Brainerd Independent School District No 181 | n/a | 2.06% |
| BlackRock Liquidity Funds - MuniCash | MCSXX | 1.70% |
| MINNESOTA ST HIGHER ED FACS AUTH - Minnesota Higher Education Facilities Authority | n/a | 1.67% |
| CHIPPEWA CNTY MINN GROSS REV - County of Chippewa MN | MN.CHP 4 03.01.2037 | 1.56% |
| STILLWATER MINN INDPT SCH DIST NO 834 - Stillwater Independent School District No 834 | n/a | 1.46% |
| MINNESOTA (STATE OF) - State of Minnesota | MN.MNS 4 08.01.2043 | 1.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.057 | Dec 31, 2025 |
| Nov 28, 2025 | $0.05473 | Nov 28, 2025 |
| Oct 31, 2025 | $0.05621 | Oct 31, 2025 |
| Sep 30, 2025 | $0.05464 | Sep 30, 2025 |
| Aug 29, 2025 | $0.05624 | Aug 29, 2025 |
| Jul 31, 2025 | $0.05674 | Jul 31, 2025 |