Commerce National Tax Free Intermediate Bond Fund (CFNLX)
| Fund Assets | 348.17M |
| Expense Ratio | 0.62% |
| Min. Investment | $1,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 2.78% |
| Dividend Growth | 5.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 18.90 |
| YTD Return | 1.03% |
| 1-Year Return | 5.33% |
| 5-Year Return | 3.72% |
| 52-Week Low | 18.34 |
| 52-Week High | 19.29 |
| Beta (5Y) | 0.24 |
| Holdings | 352 |
| 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 5.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.69%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FASJX | Fidelity | Fidelity Advisor Sust Interm Muni Inc A | 0.62% |
| FASLX | Fidelity | Fidelity Advisor Sust Interm Muni Inc M | 0.62% |
| FASVX | Fidelity | Fidelity Advisor Sustainable Intermediate Municipal Income Fund - Class Z | 0.31% |
| FASUX | Fidelity | Fidelity Advisor Sust Interm Muni Inc I | 0.37% |
| FASNX | Fidelity | Fidelity Advisor Sust Interm Muni Inc C | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04482 | Jun 30, 2026 |
| May 29, 2026 | $0.04317 | May 29, 2026 |
| Apr 30, 2026 | $0.04482 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04427 | Mar 31, 2026 |
| Feb 27, 2026 | $0.04481 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04373 | Jan 30, 2026 |