Columbia Strategic California Municipal Income Fund Class A (CLMPX)
| Fund Assets | 309.75M |
| Expense Ratio | 0.74% |
| Min. Investment | $2,000 |
| Turnover | 22.00% |
| Dividend (ttm) | 0.95 |
| Dividend Yield | 3.62% |
| Dividend Growth | 1.65% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 25.46 |
| YTD Return | -4.19% |
| 1-Year Return | -2.80% |
| 5-Year Return | -5.53% |
| 52-Week Low | 25.21 |
| 52-Week High | 27.68 |
| Beta (5Y) | n/a |
| Holdings | 159 |
| Inception Date | Jun 16, 1986 |
About CLMPX
Columbia Strategic California Municipal Income Fund Class A is an open-end mutual fund specializing in municipal fixed income securities. Its primary purpose is to deliver total return by combining income, which is exempt from both federal and California individual income taxes, with a focus on long-term capital appreciation. The fund predominantly invests in a diversified portfolio of California municipal bonds, targeting holdings with longer durations—generally over six years—and maturities typically exceeding twelve years. This strategy aims to serve California residents seeking tax-advantaged income while supporting local infrastructure and public projects through municipal financing. The fund’s flexible approach allows managers to adjust credit quality, sector, and duration exposures in response to market conditions, maintaining a balance between risk and reward. Columbia Strategic California Municipal Income Fund Class A plays a significant role in the municipal bond market by offering a tailored solution for investors prioritizing tax efficiency and supporting California’s multifaceted economic landscape.
Performance
CLMPX had a total return of -2.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.91%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VCITX | Vanguard | Vanguard California Long-Term Tax-Exempt Fund Investor Shares | 0.14% |
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 | $0.07922 | Jun 30, 2025 |
| May 30, 2025 | $0.08282 | May 30, 2025 |
| Apr 30, 2025 | $0.08052 | Apr 30, 2025 |
| Mar 31, 2025 | $0.08205 | Mar 31, 2025 |
| Feb 28, 2025 | $0.07481 | Feb 28, 2025 |
| Jan 31, 2025 | $0.08058 | Jan 31, 2025 |