Columbia Strategic California Municipal Income Fund Institutional 3 Class (CCXYX)
| Fund Assets | 305.57M |
| Expense Ratio | 0.48% |
| Min. Investment | $1,000,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 0.94 |
| Dividend Yield | 3.55% |
| Dividend Growth | 1.21% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 26.54 |
| YTD Return | -0.07% |
| 1-Year Return | 2.66% |
| 5-Year Return | 0.05% |
| 52-Week Low | 25.36 |
| 52-Week High | 27.16 |
| Beta (5Y) | n/a |
| Holdings | 155 |
| 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 2.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.03%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.08514 | Mar 31, 2026 |
| Feb 27, 2026 | $0.077 | Feb 27, 2026 |
| Jan 30, 2026 | $0.08713 | Jan 30, 2026 |
| Dec 31, 2025 | $0.08798 | Dec 31, 2025 |
| Nov 28, 2025 | $0.08411 | Nov 28, 2025 |
| Oct 31, 2025 | $0.08668 | Oct 31, 2025 |