Columbia California Itmt Muncpl Bd Inst3 (CCBYX)
Fund Assets | 293.08M |
Expense Ratio | 0.42% |
Min. Investment | $1,000,000 |
Turnover | 16.00% |
Dividend (ttm) | 0.28 |
Dividend Yield | 2.88% |
Dividend Growth | 3.99% |
Payout Frequency | Monthly |
Ex-Dividend Date | Aug 29, 2025 |
Previous Close | 9.79 |
YTD Return | 0.77% |
1-Year Return | 0.39% |
5-Year Return | 2.61% |
52-Week Low | 9.44 |
52-Week High | 9.92 |
Beta (5Y) | n/a |
Holdings | 222 |
Inception Date | Mar 1, 2017 |
About CCBYX
Columbia California Intermediate Municipal Bond Fund Class Institutional 3 is a municipal bond mutual fund focused on generating tax-exempt income for California investors. The fund primarily invests in investment-grade municipal securities whose interest is exempt from U.S. federal income tax and California individual income tax, seeking current income with moderate principal fluctuation. It targets the intermediate segment of the muni market, generally reflected by portfolio durations of roughly four to six years, aligning interest-rate sensitivity with a balance of income and stability. The strategy emphasizes credit quality and diversification across California issuers, including state and local governments and agencies financing essential public projects such as infrastructure, education, and transportation. Positioned within the Muni California Intermediate category, it serves as a core tax-efficient fixed income allocation for investors subject to California taxes, aiming to enhance after-tax income while maintaining a disciplined risk profile. The fund’s profile and performance are tracked by major data platforms, underscoring its role as a specialized tool for managing state-specific tax considerations within a diversified fixed income portfolio.
Performance
CCBYX had a total return of 0.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.90%.
Top 10 Holdings
16.38% of assetsName | Symbol | Weight |
---|---|---|
SOUTHERN CALIF PUB PWR AUTH REV 5% | n/a | 2.17% |
LOS ANGELES CALIF DEPT WTR & PWR REV 5% | n/a | 2.15% |
BURBANK GLENDALE PASADENA ARPT AUTH CALIF ARPT REV 5.25% | CA.BURAPT 5.25 07.01.2042 | 1.96% |
CALIFORNIA ST PUB WKS BRD LEASE REV 5% | n/a | 1.86% |
CALIFORNIA ST 5.25% | CA.CAS 5.25 08.01.2044 | 1.51% |
CALIFORNIA ST UNIV REV 5% | n/a | 1.47% |
LOS ANGELES CALIF UNI SCH DIST 5% | n/a | 1.44% |
FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 0% | CA.FOOTRN 0 01.15.2033 | 1.28% |
SOUTHERN CALIF PUB PWR AUTH SOUTHN TRANSMISSION SYS RENEWAL PROJ REV 5% | n/a | 1.28% |
LOS ANGELES CALIF DEPT WTR & PWR REV 5% | n/a | 1.26% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Aug 29, 2025 | $0.02468 | Aug 29, 2025 |
Jul 31, 2025 | $0.0248 | Jul 31, 2025 |
Jun 30, 2025 | $0.02324 | Jun 30, 2025 |
May 30, 2025 | $0.02431 | May 30, 2025 |
Apr 30, 2025 | $0.0232 | Apr 30, 2025 |
Mar 31, 2025 | $0.02412 | Mar 31, 2025 |