Commerce National Tax Free Intermediate Bond Fund (CFNLX)
| Fund Assets | 353.04M |
| Expense Ratio | 0.63% |
| Min. Investment | $1,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 2.71% |
| Dividend Growth | 9.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 19.22 |
| YTD Return | 1.60% |
| 1-Year Return | 6.21% |
| 5-Year Return | 4.89% |
| 52-Week Low | 17.53 |
| 52-Week High | 19.23 |
| Beta (5Y) | 0.25 |
| Holdings | 362 |
| Inception Date | Feb 21, 1995 |
About CFNLX
Commerce National Tax-Free Intermediate Bond Fund is an open‑end municipal bond mutual fund focused on generating current income that is exempt from federal income tax while preserving capital. The fund primarily invests in a diversified portfolio of investment‑grade municipal securities issued by U.S. states, territories, the District of Columbia, and related authorities and subdivisions, targeting the intermediate segment of the maturity spectrum to balance income and interest‑rate sensitivity. Managed by a seasoned fixed income team, it emphasizes credit quality and duration management, with recent statistics indicating an effective duration near the intermediate range and a portfolio largely allocated to bonds with a small cash position. Established in 1995, the fund serves investors seeking tax‑efficient income, including those in higher federal tax brackets, and can play a role as a core municipal holding within diversified fixed income allocations. Its performance is typically evaluated against intermediate municipal benchmarks, reflecting sector exposures such as essential services and revenue bonds that influence relative returns over interest‑rate cycles.
Performance
CFNLX had a total return of 6.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.08%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04373 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04368 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04365 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04331 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04336 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04336 | Aug 29, 2025 |