Columbia Strategic Municipal Income Fund Institutional 3 Class (CATYX)
| Fund Assets | 1.69B |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 4.27% |
| Dividend Growth | -0.30% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 13.88 |
| YTD Return | -4.63% |
| 1-Year Return | -3.95% |
| 5-Year Return | -3.24% |
| 52-Week Low | 13.67 |
| 52-Week High | 15.17 |
| Beta (5Y) | n/a |
| Holdings | 521 |
| Inception Date | Mar 1, 2017 |
About CATYX
Columbia Strategic Municipal Income Fund Institutional 3 Class is a diversified mutual fund specializing in U.S. municipal bonds. Its principal objective is to deliver total return for investors through a combination of income, primarily exempt from federal income tax, and capital appreciation. The fund predominantly invests in high and medium quality municipal bonds issued by state and local governments and related authorities, targeting at least 75% of its assets in investment-grade securities. With a broad portfolio spanning hundreds of holdings, it actively allocates both to tax-exempt investment-grade and select lower-rated or non-rated bonds for enhanced yield and diversification. The fund’s strategy also takes advantage of varying interest rate environments and market dislocations by blending longer maturities and selective credit risk exposure, aiming to outperform standard municipal benchmarks. It pays monthly distributions and is positioned as a core municipal bond solution for institutional investors seeking efficient federal tax-exempt income with a risk-managed approach.
Performance
CATYX had a total return of -3.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.78%.
Top 10 Holdings
10.59% of assets| Name | Symbol | Weight |
|---|---|---|
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 5 07.01.2058 | 1.39% |
| MICHIGAN ST TRUNK LINE - State of Michigan Trunk Line Revenue | MI.MISTRN 5.25 11.15.2049 | 1.20% |
| BUCKEYE OHIO TOB SETTLEMENT - Buckeye Tobacco Settlement Financing Authority | OH.BUCGEN 5 06.01.2055 | 1.20% |
| CHICAGO ILL O HARE INTL ARPT - Chicago O'Hare International Airport | IL.CHITRN 5 01.01.2055 | 1.16% |
| TEXAS PRIVATE ACTIVITY SURFACE TRANSPORTATION CORP - Texas Private Activity Bond Surface Transportation Corp | TX.TXSTRN 5 06.30.2058 | 1.11% |
| LOS ANGELES CALIF DEPARTMENT OF WATER & POWER - Los Angeles Department of Water & Power | CA.LOSUTL 07.01.2057 | 0.99% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 0 07.01.2046 | 0.96% |
| New Jersey Economic Development Authority | NJ.NJSDEV 5 11.01.2052 | 0.94% |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority | PR.PRCUTL 5 07.01.2047 | 0.87% |
| ILLINOIS (STATE OF) - State of Illinois | IL.ILS 5.5 03.01.2042 | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.05395 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04714 | Jun 30, 2025 |
| May 30, 2025 | $0.04978 | May 30, 2025 |
| Apr 30, 2025 | $0.0483 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04942 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04486 | Feb 28, 2025 |