Columbia Strategic Municipal Income Fund Institutional Class (CATZX)
| Fund Assets | 1.69B |
| Expense Ratio | 0.50% |
| Min. Investment | $2,000 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 4.21% |
| Dividend Growth | -0.34% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 13.85 |
| YTD Return | -4.05% |
| 1-Year Return | -2.77% |
| 5-Year Return | -2.77% |
| 52-Week Low | 13.65 |
| 52-Week High | 15.14 |
| Beta (5Y) | n/a |
| Holdings | 521 |
| Inception Date | Sep 27, 2010 |
About CATZX
The Columbia Strategic Municipal Income Fund Institutional Class is a municipal bond mutual fund designed to provide total return, emphasizing income that is exempt from federal income tax alongside capital appreciation. Managed by Columbia Threadneedle since its inception in 2010, this fund primarily invests in high- and medium-quality municipal bonds issued by state and local governments across the United States. At least 80% of its assets are held in debt instruments whose interest is generally free from federal taxation, appealing to investors seeking tax-advantaged income. The portfolio is well-diversified, containing hundreds of holdings that span various states, sectors, and maturities, with a notable portion allocated to long-duration bonds. The fund is categorized as “Muni National Long” reflecting its strategy of targeting securities with longer durations and maturities, often exceeding 12 years. Its risk profile is managed by distributing investments across different quality tiers and geographies, while the fund’s income potential is enhanced by the steep municipal yield curve. With a competitive expense ratio and institutional share structure, the Columbia Strategic Municipal Income Fund serves as a core option for investors seeking stable, tax-exempt income and long-term municipal market exposure within the fixed income landscape.
Performance
CATZX had a total return of -2.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.04%.
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% |
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 | $0.05323 | Jul 31, 2025 |
| Jun 30, 2025 | $0.04645 | Jun 30, 2025 |
| May 30, 2025 | $0.04907 | May 30, 2025 |
| Apr 30, 2025 | $0.04761 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04867 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04418 | Feb 28, 2025 |