Columbia Strategic California Municipal Income Fund Institutional 3 Class (CCXYX)
| Fund Assets | 309.75M |
| Expense Ratio | 0.48% |
| Min. Investment | $1,000,000 |
| Turnover | 22.00% |
| Dividend (ttm) | 1.02 |
| Dividend Yield | 4.01% |
| Dividend Growth | 1.75% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 25.58 |
| YTD Return | -4.45% |
| 1-Year Return | -3.96% |
| 5-Year Return | -5.39% |
| 52-Week Low | 25.36 |
| 52-Week High | 27.84 |
| Beta (5Y) | n/a |
| Holdings | 159 |
| Inception Date | Mar 1, 2017 |
About CCXYX
Columbia Strategic California Municipal Income Fund Class I3 is an open-end mutual fund specializing in California municipal debt securities. Its principal objective is to provide investors with a high after-tax total return, balancing current income—exempt from both federal and California state personal income taxes—with opportunities for long-term capital appreciation. The fund primarily invests in investment-grade municipal bonds issued within California, serving both individual and institutional investors seeking tax-advantaged income streams. With a minimum investment requirement of $1,000,000 and a competitive expense ratio of approximately 0.48%, the fund appeals to sophisticated participants and large allocators. It offers monthly dividend distributions, maintaining a yield that reflects the underlying municipal bond market environment. By focusing on California-sourced bonds, the fund plays a vital role for residents and entities looking to optimize tax efficiency while gaining diversified exposure to the state’s municipal infrastructure and public financing projects. Columbia Strategic California Municipal Income Fund Class I3 exemplifies a targeted approach to municipal fixed income, balancing risk management with the pursuit of tax-exempt returns.
Performance
CCXYX had a total return of -3.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.29%.
Top 10 Holdings
15.90% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV - California Community Choice Financing Authority | CA.CCEDEV 02.01.2054 | 2.35% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 0 07.01.2046 | 1.91% |
| Metropolitan Water District of Southern California | CA.METWTR 5 04.01.2053 | 1.69% |
| INLAND VY DEV AGY CALIF - Inland Valley Development Agency | CA.INLDEV 5 09.01.2044 | 1.62% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PR.PRCGEN 5 07.01.2058 | 1.53% |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH - California Statewide Communities Development Authority | CA.CASGEN 4 03.01.2042 | 1.48% |
| CALIFORNIA CNTY CALIF TOB SEC - California County Tobacco Securitization Agency | CA.CASGEN 0 06.01.2055 | 1.38% |
| MANTECA CALIF UNI SCH DIST - Manteca Unified School District | CA.MANSCD 0 08.01.2032 | 1.35% |
| SAN DIEGO CALIF UNI SCH DIST - San Diego Unified School District/CA | CA.SDGSCD 3.25 07.01.2048 | 1.30% |
| CALIFORNIA HEALTH FACS FING AUTH - California Health Facilities Financing Authority | CA.CASMED 5 02.01.2047 | 1.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.08527 | Jun 30, 2025 |
| May 30, 2025 | $0.08905 | May 30, 2025 |
| Apr 30, 2025 | $0.08672 | Apr 30, 2025 |
| Mar 31, 2025 | $0.08849 | Mar 31, 2025 |
| Feb 28, 2025 | $0.08066 | Feb 28, 2025 |
| Jan 31, 2025 | $0.08701 | Jan 31, 2025 |