Commerce National Tax Free Intermediate Bond Fund (CFNLX)

Fund Assets	277.03M
Expense Ratio	0.564%
Min. Investment	$1,000
Turnover	34.00%
Dividend (ttm)	0.53
Dividend Yield	2.94%
Dividend Growth	4.28%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	18.09
YTD Return	-2.57%
1-Year Return	-1.38%
5-Year Return	0.86%
52-Week Low	17.61
52-Week High	19.29
Beta (5Y)	0.25
Holdings	302
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.

• Fund Family: Commerce
• Category: Muni National Interm
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: CFNLX
• Share Class: Shares
• Index: Bloomberg 3-15 Y Municipal Bond TR

Performance

CFNLX had a total return of -1.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.54%.

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	0.60%
FASLX	Fidelity	Fidelity Advisor Sust Interm Muni Inc M	0.60%
FASVX	Fidelity	Fidelity Advisor Sust Interm Muni Inc 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
Sep 30, 2026	$0.04567	Sep 30, 2026
Aug 31, 2026	$0.0456	Aug 31, 2026
Jul 31, 2026	$0.04513	Jul 31, 2026
Jun 30, 2026	$0.04482	Jun 30, 2026
May 29, 2026	$0.04317	May 29, 2026
Apr 30, 2026	$0.04482	Apr 30, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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